Nifty 50 set for strong start as pre-open jumps 1.45%

Pre-open surge and context

In pre-open deals, the Nifty 50 traded roughly 1.45% higher, indicating follow-through buying after the benchmark closed near 26,205 in the previous session, just shy of record highs. The bounce is underpinned by easing US bond yields, a softer dollar, and strong overnight gains in major Asian and US indices.​

Domestic sentiment has turned constructive with hopes that global central banks, including the US Federal Reserve, may pivot to rate cuts sooner than expected, lifting risk appetite. Technical analysts note that Nifty’s reclaiming of the 26,000 mark and strength above key moving averages support a buy-on-dips strategy.​

What traders are watching

Market participants will track whether the index can hold gains after the opening bell and attempt a move toward its all-time high zone of 26,300–26,500. Flows from foreign portfolio investors, movements in Bank Nifty, and intraday trends in crude oil and global equities will be crucial intraday drivers.​

Key highlights

Nifty 50 up ~1.45% in pre-open trade, signalling a strong positive start.​

Follows previous close near 26,205 after a 1.24% rally.​

Sentiment supported by Fed rate-cut hopes, softer US yields and positive global markets.​

Traders eye potential test of 26,300–26,500 resistance band if momentum sustains.​

Sources: NSE pre-open market data, Moneycontrol market live blog, Economic Times pre-market note, NDTV Profit, Equitymaster commentary.​