Nifty futures global risk sentiment improved

Global risk sentiment improved, triggering fresh longs in Nifty futures. The index may face immediate resistance at 22,180, with a breakout targeting the 22,300 zone. Gift Nifty futures were trading at 24,929.5 points as of 8:01 a.m. IST, indicating that the Nifty 50 will open above Wednesday's close of 24,836.3. The Nifty 50 Index tracks the 50 largest and most liquid companies listed on India's National Stock Exchange (NSE), including sectors such as financial services, technology, oil & gas, and consumer goods. With Nifty 50 Index Futures, individual investors and institutions can efficiently manage portfolio risk and diversify into India’s dynamic economy using a single, liquid product. Three consecutive sessions of Nifty futures closing above 22,100 have reinforced market confidence. Technical models now suggest potential extension of the rally toward 22,400 if liquidity inflow persists.