Gift Nifty signals mild gains as US inflation, IBM earnings shape overnight market moves

Each morning, before Indian markets open their eyes, the world has already been speaking — through inflation prints in Washington, earnings calls in New York, and index rallies in Seoul. On this Wednesday, those overnight voices have arrived in modest agreement: Gift Nifty, the futures contract that serves as the market's pre-dawn compass, rests 25 points above its prior close at 24,049, a signal not of exuberance but of careful, considered optimism. It is the kind of number that reminds us how deeply interconnected the rhythms of global capital have become, and how Indian investors now wake e