Stock market prediction for Friday, 30 October, 2026: The Indian stock market is likely to open on a negative note, as GIFT Nifty signalled muted start on Friday, 30 October.
Meanwhile, Asian markets traded mixed on Friday, while US stock futures witnessed a down day amidst disappointing tech results.
Benchmark indices Sensex and Nifty ended Thursday’s session with gains of over 1%, supported by strong buying interest in banking, FMCG and IT stocks. Positive sentiment was further lifted by a decline in crude oil prices and the US Federal Reserve keeping interest rates unchanged.
The 30-share BSE Sensex surged 905.01 points, or 1.24%, to finish at 74,151.04, its highest closing level in more than a week. Of the index constituents, 26 stocks ended in positive territory, while four settled lower. Similarly, the 50-share NSE Nifty climbed 237.90 points, or 1.05%, to close at 22,936.75.
“Markets staged a strong rebound on Thursday, gaining over 1% amid favourable cues and improved investor sentiment. After opening on a flat note, the Nifty crossed the key hurdle around 20 DEMA and gradually moved higher to settle at 22,936.75. The Sensex advanced over 900 points to close at 74,151 on the expiry day, reflecting improved risk appetite and renewed buying interest,” said Ajit Mishra, SVP – research, Religare Broking.