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Asian stocks edge higher; GIFT Nifty steady near 26,000 ahead of India open
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Asian markets gained modestly while GIFT Nifty stayed flat near 26,000 as investors tracked global cues, oil softness, and FII-DII trading balance.
Asian equities opened mildly positive on October 24, with Japan’s Nikkei advancing 1.39% to 49,327 and Hong Kong’s Hang Seng rising 0.55% to 26,111. GIFT Nifty traded nearly unchanged at 26,026 (+0.05%) ahead of Indian market opening. Brent crude eased 0.6% to $65.56 a barrel. Foreign institutional investors net sold ₹1,165.94 crore while domestic institutions bought ₹3,893.73 crore on October 23, reflecting cautious optimism amid global data flow and earnings season impact.