Higher GIFT Nifty and positive cues from Wall Street where the major averages posted record closing highs on Friday point to a firm start for the Indian stock market on Monday.
The Dow closed up by about 0.31% on Friday, while the Nasdaq and the S&P 500 ended at record highs, gaining 0.89% and 0.29%, respectively.
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Market Analysis
May 01, 2026 15:54 ET Central banks dominated the economics news flow this week with almost all major ones announcing their latest policy decisions and many boosted expectations for a rate hike in June. In other news, several countries released the preliminary data for first quarter economic growth. In the U.S., comments by Fed Chair Jerome Powell were also in focus as his term ends this month.