What is GIFT Nifty and why does it matter for India’s open?

GIFT Nifty is a derivatives contract traded at GIFT City that mirrors the Nifty 50 and runs almost around the clock. It offers an early signal on the likely gap and tone for the India cash market at 9:15 AM IST. Traders watch it to prepare entries and risk levels.

How does the US court tariff ruling impact Indian equities?

The ruling eased immediate trade-war worries, which supports global risk appetite. For India, that can help exporters, input cost visibility, and sentiment in cyclicals. It lifted domestic equities on Monday, as noted by [NDTV](https://www.ndtv.com/india-news/sensex-opens-300-points-higher-nifty-90-up-after-trumps-tariffs-scrapped-11123116). Follow-through still depends on fresh headlines and global market cues.

Which sectors could lead or lag after the open today?

Banks, financials, and autos showed strength on Monday and could lead if risk sentiment stays firm. IT may lag if the rupee firms or if investors stay with domestic cyclicals. Any new tariff-related headlines could shift leadership quickly, so watch breadth and volumes for confirmation.

What should day traders track alongside GIFT Nifty live?

Track Nifty 50 futures versus Monday’s close, sector leadership, advance-decline, and cash volumes. Watch crude and the dollar for macro signals. Options data such as changes in open interest and implied volatility can confirm intraday moves or warn of whipsaws near the open.

Global Market Insights

GIFT Nifty Today, February 24: Futures signal risk-on after SCOTUS tariff ruling

ByHuzaifa Zahoor February 24, 2026February 24, 2026

Gift Nifty today points to a risk-on tone as traders react to the US Supreme Court scrapping Trump-era tariffs. Monday’s rally in Indian equities lifted sentiment and set up a constructive bias into the open. We will watch GIFT Nifty live for confirmation, alongside cues from global equities and commodities. Sector rotation remains in focus, with banks, autos, and financials showing strength while IT lagged. Uncertainty around a potential revised 15% tariff plan still hangs over trade-sensitive pockets.