GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 may see a positive opening on Thursday. Here’s a look at the key stocks to watch in trade.

Stocks in Focus: GIFT Nifty traded up by 82.50 points or 0.35% at 23,451.50 indicating a positive opening for domestic indices NSE Nifty 50 and BSE Sensex on Thursday. Previously, on Wednesday, the NSE Nifty 50 ended up by 58.10 points or 0.25% to settle at 23,322.95 while the BSE Sensex jumped 149.98 points or 0.20% to 76,606.57.

“Ahead of US inflation data and the FOMC meeting, global markets largely remained positive. The consensus indicates expectations of stable US inflation, but the trajectory of potential rate cuts holds significant importance for future direction,” said  Vinod Nair, Head of Research, Geojit Financial Services.