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GIFT Nifty indicates positive start as crude eases

after close1 source ↓written by the desknot a recommendation

Indian equity markets are set for a positive opening, with GIFT Nifty showing strength ahead of the session on 04 May 2026. This optimism is bolstered by record GST collections and a decline in crude oil prices, with WTI futures at nearly USD 101 per barrel. Attention will also be on assembly election results, particularly in West Bengal.

Not investment advice. For informational purposes only.

OI Charts is not a SEBI-registered investment adviser or research analyst. This bulletin was written by the OI Charts desk from the public sources listed here. It is commentary on market conditions, not a basis for any investment decision and not a recommendation to buy or sell any security. Prices as of 4 May 2026, 16:08 IST.

Sourcesnews.google.com

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