D-Street poised for a positive start as GIFT Nifty trades firmly higher

What happened: GIFT Nifty on the NSE IX traded higher, signaling Dalal Street was headed for a positive start on Friday. Key numbers: GIFT Nifty up 121.5 points, or 0.53 per cent, at 22,836. Resistance at 22,800 and 23,000, support at 22,600. India VIX rose 0.6% to 15.76. FIIs net bought Rs 3,458 crore, DIIs Rs 2,891 crore. Rupee fell 44 paise to 94.82. Why it matters: The positive GIFT Nifty signal came even as Asian stocks extended losses and the Nasdaq posted its steepest daily drop since early June on fears about the AI spending race.

GIFT Nifty trading firmly higher signals positive market open.

GIFT Nifty trading firmly higher signals positive market open. — impact context not separately stored; see What changed.