The trends on Gift Nifty also indicate a positive start for the Indian benchmark index. The Gift Nifty was trading around 22,567 level, a premium of nearly 37 points from the Nifty futures’ previous close.

While macroeconomic data from India and the US did spark some positivity, the ongoing global uncertainties outweighed the impact, putting pressure on the markets.

What is the market’s outlook on Thursday? Find out how the markets are poised to perform after a surge in global markets.