Mumbai, May 7 -- GIFT Nifty:

GIFT Nifty May 2025 futures were trading 116 points higher in early trade, suggesting a strong opening for the Nifty 50.

The Indian Armed Forces initiated Operation Sindoor in the early hours of Wednesday, striking nine terrorist infrastructure sites in Pakistan and Pakistan-occupied Jammu and Kashmir. The operation is a direct response to the recent Pahalgam terror attack that killed 25 Indians and one Nepali citizen. Officials emphasized that the strikes were focused, restrained, and non-escalatory, deliberately avoiding Pakistani military facilities. A detailed briefing is expected later today.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 3,794.52 crore, while domestic ins...