Mumbai, May 7 -- GIFT Nifty:

The GIFT Nifty May 2026 futures currently traded 125 points lower, suggesting a red opening for the benchmark index today.

Institutional Flows:

Foreign portfolio investors (FPIs) sold shares worth Rs 5,834.90 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 6,836.87 crore in the Indian equity market on 06 May 2026, provisional data showed.

The FIIs have sold shares worth Rs 6,620.86 crore so far in May (till 06 May 2026). This follows their cash sales of Rs 70,135.46 crore in April, Rs 122,540.41 crore in March and Rs 6,640.78 crore in February.

Global Markets:

Asia markets rallied on Thursday, with Japan's Nikkei 225 hitting 62,000 for the first time, as investors ...