Indian Markets Set for Gap-Down Opening, GIFT Nifty Futures Drop 103 Points

By Jammu Observer

New Delhi: Indian markets are expected to open lower today, Friday, October 18, 2024, with GIFT Nifty Futures trading down 103 points at 24,741 as of 6:30 am.

The anticipated gap-down opening comes amid weak global cues, concerns over rising interest rates, and ongoing geopolitical tensions. Investors are advised to remain cautious, with sectors like IT, banking, and energy likely to see heightened volatility during the day.

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