MarketBuzz Podcast With Ekta Batra: Sensex, Nifty50 likely to make a gap-up opening today; SGX Nifty futures jump 2%

Indian equity benchmarks Sensex and Nifty50 are likely to make a gap-up opening on Thursday amid a rebound across  global markets as oil prices pulled back sharply after fanning inflationary fears. Investors assessed the impact of the United States' ban on Russian oil imports. At 8:06 am, Singapore Exchange Nifty futures -- an early indicator of the Nifty index -- were up 292 points or 1.8 percent at 16,637, having risen as much as 297.5 points earlier in the day. Back home, investors awaited results of Assembly elections in five states -- Uttar Pradesh, Punjab, Uttarakhand, Manipur and Goa, which will set the tone for the 2024 Lok Sabha polls.