Global markets today, July 31 -- The key benchmark indices of the Indian stock market are poised for a steady start, extending its recent recovery as a sharp rally on Wall Street and a broad rebound across Asian markets improve global risk sentiment. Stronger-than-expected guidance from Microsoft reignited investor optimism toward technology stocks, fuelling renewed buying across the sector and providing a supportive backdrop for global equities.

GIFT Nifty futures are hovering around the 24,425 mark, compared with the Nifty's previous close of 24,317, indicating a positive opening for domestic markets. Data showing Foreign Portfolio Investors (FPIs) turning net buyers of domestic equities, with purchases exceeding Rs.3,600 crore in the ...