The Indian stock market is expected to open cautiously on Monday, tracking mixed global cues. Asian markets traded mixed, while U.S. indices closed higher last week, marking their longest monthly winning streaks in years.
In this holiday-shortened week, investors will monitor Q2 results, domestic and global macro data, FII/FPI flows, and developments in the India-U.S. and U.S.-China trade deals. On Friday, Sensex fell 465.75 points to 83,938.71 and Nifty 50 slipped 155.75 points to 25,722.10, though both posted their best monthly gains since March. Analysts expect range-bound trade with a positive bias, supported by strong domestic fundamentals.
Gift Nifty traded near 25,855, indicating a muted start. In Asia, South Korea’s Kospi gained 1.04% and Kosdaq 0.51%, while Japan’s markets were shut for a holiday. On Wall Street, the Dow rose 0.09%, S&P 500 gained 0.26%, and Nasdaq advanced 0.61%.
Other key triggers include India’s fiscal deficit at ₹5.73 lakh crore (36.5% of FY26 target), FPIs turning net buyers with ₹14,610 crore inflows in October, robust auto sales, and higher crude oil prices as OPEC paused production hikes.