GIFT Nifty:

Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could slide 95 points at the opening bell.

On the political front, India is gearing up for its election in 2024. The BJP is looking to consolidate its grip on power as it aims for a historic third term while a band of opposition parties, including the Congress, has formed a united front called INDIA to deny PM Modi another victory. The elections will occur in 7 phases, starting today, 19 April 2024 and ending on 1 June 2024. The Lok Sabha elections 2024 results will be declared on 4 June 2024.

Global markets:

Overseas, Asian stocks are trading lower on Friday as reports of Israeli strikes on Iran further ramped up concerns over worsening geopolitical conditions in the...

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  (01-Jan-16 08:45)

  Market may edge higher in early trade
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  (01-Jan-16 08:55)

  Metal stocks may slide on weak Chinese data
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  (01-Jan-16 09:34)

  Market drops in early trade
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  (01-Jan-16 10:17)

  Strong market breadth