India’s equity benchmarks are likely to open higher on Tuesday, in line with their Asian peers, as rising expectations of a US rate cut this month lifted investor sentiment for risk assets.
Gift Nifty futures were trading at 24,950 points as of 07:40 a.m. IST, indicating that the Nifty 50 will open above Monday’s close of 24,773.15.
MSCI’s broadest index for Asia-Pacific stocks outside Japan rose 0.8 per cent, while Japan’s Nikkei jumped nearly 1 per cent, aided by a weaker yen and following the resignation of Prime Minister Shigeru Ishiba, a fiscal hawk.
Bets for a US rate cut at the Federal Reserve’s September 16-17 meeting rose after data showed fewer-than-expected job additions in the world’s largest economy in August.
Lower US interest rates make emerging markets such as India attractive for foreign portfolio investors (FPIs).
On Monday, FPIs sold shares worth ₹2,170 crore, per provisional data, marking their eighth consecutive session of selling due to concerns over the impact of steep US tariffs on Indian goods and relatively higher valuations.
STOCKS TO WATCH
** Infosys will consider a proposal for a buyback of equity shares on September 11.
** RailTel Corporation of India announces receipt of multiple orders on Monday, including a ₹262 crore contract from Bihar Education Project Council.
** TVS Motor Company says it will pass on the full benefits of GST rate reduction to customers starting September 22.
Published on September 9, 2025