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.

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

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