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GIFT Nifty indicates a gap-down opening at 22,589.50 (-0.29%). Nikkei 225 surged 2.25%, while Hang Seng slipped 0.12%. FIIs sold ₹10,148.41 crore on Sep 30; DIIs bought ₹11,271.73 crore. Crude oil eased to $89.96 (-0.51%), while Silver gained 0.85%. Key corporate actions include bonus issues for Arihant Academy and…
Among the chipmaker pack, Intel Corporation (+1.6%), NVIDIA (+1.4%), and Qualcomm (+1.09%) were among the top gainers. The cooling-off rate hike expectations turned the overall sentiment positive for the AI-related stocks.
Indian benchmark indices are set for a slightly higher open as crude oil prices ease and US rate-hike expectations soften. Gains may stay capped as US-Iran uncertainty, heavy foreign selling and the Nifty rejig keep traders cautious.