Nifty 50 Likely to Open Over 100 Points Higher on May 5: GIFT Nifty Signals Positive Start

Key Highlights:

Nifty 50 Opening Prediction: Strong Gap-Up Expected on May 5, 2025

The Nifty 50 is expected to open over 100 points higher today, Monday, May 5, 2025, tracking strong gains in the GIFT Nifty futures, which rose by 113 points to 24,516.5 in early morning trade.

This points to a bullish start for the NSE benchmark, with momentum driven by favorable global cues and strong institutional sentiment.

Key Factors Behind Positive Opening Outlook

• Global Market Strength: U.S. indices closed higher on Friday, led by tech stocks and rate optimism
• GIFT Nifty Rally: A 0.46% gain signals strong buying interest ahead of the Indian market open
• Limited Asian Activity: With major Asian markets (Japan, China, Korea, Hong Kong) shut today, India may see focused inflows
• Macroeconomic Positivity: Crude oil is steady, INR remains stable, and India Inc’s earnings are in line with expectations

Technical Outlook & Levels to Watch

• Expected Opening Range: 24,480–24,520
• Resistance Levels: 24,600 / 24,750
• Support Zones: 24,350 / 24,200
• Momentum Sectors: Banks, FMCG, and IT likely to lead the upside

Analysts expect a gap-up opening followed by range-bound consolidation, with intraday direction influenced by heavyweight earnings and FII participation.

What Lies Ahead

Post-opening, traders will monitor:

• Earnings results from top Nifty firms
• RBI’s upcoming commentary on inflation
• U.S. Fed officials’ speeches due tonight
• Any geopolitical headlines affecting commodities or currencies

A strong start today could reinforce the bullish breakout seen last week, especially if Nifty sustains above 24,500 throughout the day.

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