Indian Markets Set for Lower Open on Global Cues

Indian equity benchmarks are poised for a lower opening on Monday, tracking weak global market sentiment.

Indian Markets Set for Lower Open on Global Cues

Image: upstox.com

Indian equity benchmarks, the Sensex and Nifty 50, are set to open lower on Monday, April 13, 2026, tracking negative cues from global markets. The GIFT Nifty futures, which trade on the NSE International Exchange in Gujarat's GIFT City and are considered an early indicator for the Nifty 50, were trading lower in pre-market hours, signaling a gap-down opening for the domestic indices.

The weakness follows a decline in major Asian markets, including Japan's Nikkei and Hong Kong's Hang Seng, as investor sentiment was dampened by renewed geopolitical tensions in the Middle East and concerns over the pace of global economic growth. Wall Street also closed the previous week on a negative note, contributing to the risk-off mood.

Market participants will be closely monitoring the activity of Foreign Institutional Investors (FIIs), whose flows have been volatile. Other key factors influencing trading include movements in the Indian rupee against the US dollar and global crude oil prices. Analysts advise caution as the market navigates these external headwinds at the start of the trading week.

❓ Frequently Asked Questions

What is the GIFT Nifty?

The GIFT Nifty is a futures contract based on the Nifty 50 index that trades on the NSE International Exchange in Gujarat's GIFT City. It serves as an early indicator for the direction of the Indian equity market when the domestic exchanges are closed.

Why are Asian markets weak?

Asian markets were trading lower due to investor concerns over renewed geopolitical tensions in the Middle East and broader worries about the global economic outlook, which prompted a risk-off sentiment.

What factors influence Indian market openings?

Key factors include the overnight performance of US markets (Wall Street cues), trends in other Asian markets, the level of the GIFT Nifty futures, foreign investor (FII) activity, currency movements (USD/INR), and global commodity prices like crude oil.

📰 Source:
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