Sensex, Nifty, Share Prices LIVE: Indian equity markets are poised for a firm start on Thursday, supported by positive global cues and early signals from Gift Nifty, which indicates a gain of around 60 points at the open. The India–EU free trade agreement has emerged as a key sentiment driver, with market participants viewing it as a medium-term positive for export-oriented sectors and supply-chain diversification.

Technically, analysts note that short-covering from oversold levels could lift benchmark indices in early trade, especially in derivatives-heavy counters. However, upside may face resistance at higher levels due to sustained weakness in the rupee, continued foreign portfolio investor selling and unresolved geopolitical risks.

Attention has now shifted to the upcoming Union Budget, which is expected to be a low-impact event, with markets focusing on targeted measures rather than broad-based stimulus.

Asian markets are mixed, with Korean equities outperforming, adding to cautious optimism in early trade.