Indian Markets Expected to Open Higher Following Asian Gains

Indian shares are set to open higher on Thursday tracking gains in Asian markets. Investors remain cautious as oil prices rise and profit booking continues.

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Insights:

Equity markets in India[Country:{ "assets":{ "country":"IN" } }] are expected to open on a firmer note this Thursday, tracking a positive trend across Asian markets following stellar earnings from NVIDIA Corporation[Symbol:{ "assets":{ "symbol":"NVDA" } }]. Despite the upbeat global cues, analysts suggest that the domestic sentiment may remain cautious due to intermittent profit booking and a lack of fresh local catalysts.

A man looks at a screen outside the Bombay Stock Exchange (BSE) building in Mumbai, India, February 2, 2026. REUTERS/Francis Mascarenhas
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