Stock Market Set for Positive Start as GIFT Nifty Gains

Indian equity markets are expected to open on a positive note on Monday, November 9, supported by encouraging signals from global markets and gains in GIFT Nifty. Investors will closely monitor the opening direction of the Nifty 50 and Sensex after both benchmark indices ended slightly lower during Sunday's special Muhurat Trading session. GIFT Nifty indicated a firm opening, while major Asian markets traded higher, reflecting improving investor sentiment. Japan's Nikkei and other regional indices witnessed buying interest, providing support to domestic market expectations. Crude oil prices remain another important factor. Brent crude was trading below the $98-per-barrel mark amid hopes of progress in US-Iran negotiations. Lower crude prices could provide some relief to Indian companies, particularly in sectors such as aviation, paints and oil marketing. Foreign institutional investor (FII) activity will also remain on the radar. Although foreign investors have shown strong buying interest during November, investors will watch whether this trend continues. Domestic institutional flows, quarterly earnings announcements and global economic developments may influence market direction. Despite the positive opening signals, traders should remain cautious about volatility and profit-booking at higher levels. Stock-specific movements are likely to remain important as investors assess corporate earnings and sectoral developments. **Stock to Watch: ADANIENT The stock will remain on investors' radar during Monday's session as market participants track its trading momentum and broader market sentiment. Watch for price action and trading volumes before taking any position.