Mumbai, May 26 -- GIFT Nifty:

GIFT Nifty June 2025 futures were trading 95 points higher in early trade, suggesting a positive opening for the Nifty 50.

Economy:

The Reserve Bank of India (RBI) on Friday handed the government a whopping Rs 2.68 lakh crore in surplus for FY25, 27% more than last year and even higher than what the Union Budget had estimated. Analysts suggest that this additional amount could support the government's objective of reducing the fiscal deficit to 4.4% for the current financial year.

Institutional Flows:

Foreign portfolio investors (FPIs) bought shares worth 1,794.59 crore, while domestic institutional investors (DIIs) were net buyers to the tune of Rs 299.78 crore in the Indian equity market on 23 May 2025...