India's equity benchmarks are likely to open muted on Thursday, but foreign outflow jitters and a depreciating rupee could continue to dampen sentiments. GIFT Nifty futures were trading at 26,073.5 as of 07:40 a.

Ridham Desai of Morgan Stanley India forecasts a potential rebound for the Indian stock market in 2026, driven by strong macro factors and earnings growth. However, he warns that a global slowdown remains the biggest risk.

Nifty futures on the NSE International Exchange traded 4.50 points, or 0.02 per cent, down at 26,182, hinting at a muted start for the domestic market on Friday.

India's equity benchmarks are poised to open higher on Wednesday, ending a three-session losing streak driven by profit-booking at record highs, while focus shifts to the Reserve Bank of India's rate decision and commentary on Friday.

Indian equities ended higher on Thursday, but GIFT Nifty signals a muted start for Friday. Meanwhile, Asian shares trade lower following a subdued Wall Street session.

The trends on Gift Nifty also indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 26,078 level, a discount of nearly 58 points from the Nifty futures’ previous close.

Morgan Stanley India equities MD Ridham Desai says India is going through a mid‑cycle growth slowdown driven by elections, erratic rains, China policy shifts and the adjustment to the global AI boom,

The Indian stock market closed nearly unchanged as investors await the Reserve Bank of India's policy announcement. The Sensex fell 31.46 points and the Nifty 50 dropped 46.20 points. A decline in the rupee and concerns over inflation contributed to the subdued trading session.

India's equity benchmarks fell for a third consecutive session on Tuesday as concerns over foreign outflows and the rupee falling to a record low fuelled profit booking.