Mumbai, Oct. 23 -- GIFT Nifty:

GIFT Nifty September 2025 futures were trading with a cut of 30.00 points (or 0.11%) in early trade, suggesting a red opening for the Nifty 50 today.

Indian Economy:

The infrastructure output in India rose 3% from the previous year in September of 2025, slowing from the upwardly revised 6.5% increase in August, which was the sharpest pace of growth in over one year.

Production fell for coal, crude oil, natural gas, and refinery products, as the US continued to pressure India to halt the intake of Russian crude energy commodities, which pressured domestic consumption and export demand for refineries and processers.

In turn, electric power output also slowed. Still, construction inputs were more robust, w...