Sensex, Nifty set for weak open as Asian markets slip; Nifty futures at 22,760.50
Indian equities are expected to open lower on Wednesday, with Nifty futures about 35 points down, and investors have been advised to stay cautious.
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Indian stock markets are expected to open lower on October 7, today, and investors need to be cautious while trading.
Asian markets also opened lower on Wednesday, putting a brake on the rally. US stock futures, on the other hand, had touched a record high on Tuesday. That is, US futures had hit record levels the previous day even as Asian markets showed a decline.
Nifty futures were trading about 35 points below the previous close, at 22,760.50. This is being seen as a negative signal for the opening of Indian market indices. On Tuesday, the benchmark Sensex and Nifty had closed with significant gains for the second straight session.
Investors' attention in today's trade may remain on these stocks: Inox Green Energy, Meesho, Titan, Ola Electric, JSW Cement, HCL Tech, Asian Paints, Mphasis, Adani Ports and Special Economic Zone, Gabriel India, PTC Industries, Axis Solutions, Blue Dart Express, Glenn Industries, Container Corporation of India, Laurus Labs, Utkarsh Small Finance Bank, Om Power Transmission, Apollo Tyres, Azad India Mobility and Mukka Proteins.
Vaishali, Vice President of the technical research department at Prabhudas Lilladher, has recommended three stocks to buy today: IndiGo, IndusInd Bank and GPIL.
Mehul Kothari, DVP of technical research at Anand Rathi Shares, has made a different recommendation. According to him, on October 7, 2026, investors may consider buying the stocks Zensar Technologies and Netweb Technologies India, and the Nippon India ETF Nifty IT.
Haritselvan Radhakrishnan, founder and CEO of HST Wealth, said GIFT Nifty is near 22,780, so Indian markets are expected to open on a flat note. He also said the record high on Wall Street has created a favourable global backdrop.
This information is based on the views of individual analysts and experts. It would be advisable to take advice from certified experts on shares before making any investment decision.