Indian shares were set to open slightly higher on Friday after snapping a run of losses, though elevated crude oil prices and pressure in global bond markets kept sentiment cautious.
GIFT Nifty futures were at 24,311.50 points, as of 7:52 a.m. IST, indicating a positive start for the benchmark Nifty 50 index, which closed at 24,231.85 on Thursday.
The Nifty ended a seven-day losing streak in the previous session, while the Sensex rose after four straight sessions of losses. Both indexes are down 0.6 per cent this week.
“While short-covering after the recent slump could help markets open higher, the undertone remains cautious due to higher crude prices on the West Asian conflict,” said Ankur Punj, managing director at Equirus Wealth.
Asian markets opened higher, but were headed for weekly declines as stress in global bond markets showed little signs of abating, while a diplomatic deadlock in the Gulf lifted oil prices to one-month highs, stoking concerns over inflation and energy supply.
Foreign portfolio investors (FPIs) turned net sellers in India after two straight sessions of buying, with outflows at ₹583 crore (about $61 million). Domestic institutional investor (DII) inflows stood at ₹3,538 crore on Thursday, according to provisional data from the NSE.
Stocks to watch
- Manipal Health sees adjusted quarterly profit jump on strong demand for complex care
- RailTel Corp secures work order from Western Coalfields, worth ₹165 crore
- Saatvik Green Energy says unit receives order worth ₹190 crore to supply solar PV modules, to be executed by March 2027
- Anant Raj gets RERA registration certificate for luxury residential project in Gurugram, with 1.22 million square feet of build-up potential
Published on August 21, 2026
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