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Indian equity markets are poised for a sharp gap-down open on Friday, following a sudden escalation in border tensions with Pakistan
Stock Market Today.
Sensex Today: Indian equity markets are poised for a sharp gap-down open on Friday, following a sudden escalation in border tensions with Pakistan late Thursday. According to reports, Pakistan launched missile attacks across multiple regions along the Indian border — including Jammu & Kashmir, Punjab, Rajasthan, and Gujarat. All missiles and drones were successfully intercepted or neutralized by the Indian Armed Forces.
Amid the attacks, several cities, including Jammu, Jalandhar, Hoshiarpur, and Jaisalme,r observed complete blackouts. Delhi has also been placed on high alert as a precautionary measure.
As of 7:15 AM, GIFT Nifty futures were trading 220 points lower at 23,988, signaling a weak start for domestic benchmarks.
Nifty Technical View
Rupak De, Senior Technical Analyst at LKP Securities, noted that the Nifty 50 ended the previous session with a bearish “Dark Cloud Cover” candlestick pattern, reflecting heightened fear among traders.
“The index faced resistance around 24,550 and closed with negative sentiment. A break below the immediate support at 23,950 could lead to further downside toward 23,450. On the upside, resistance is capped at 24,400 and 24,550,” De said.
Global Market Snapshot
Global investors continue to digest the implications of the recently announced US-UK trade deal by President Donald Trump. While no formal agreement has been signed yet, Trump claimed progress on a deal that retains 10% tariffs on British exports, expands agricultural access, and lowers duties on UK car exports to the US.
In Asia, Japan’s Nikkei 225 opened over 1% higher, South Korea’s Kospi rose 0.3%, while Australia’s ASX200 and Hong Kong’s Hang Seng traded flat. Mainland China’s CSI 300 slipped 0.19%.
Overnight, the Dow Jones Industrial Average gained 0.62 per cent, the S&P 500 rose 0.58 per cent, and the Nasdaq Composite advanced 1.07 per cent.
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