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Indian equity markets are likely to make a positive start on Thursday amid strong global cues. Traders are likely to find some support following AI darling Nvidia’s strong results. Additionally, some support may come from foreign institutional investors (FIIs), who were net buyers of shares worth Rs 1,580.72 crore.

Some of the key factors to be watched:

Sebi to ease onboarding of foreign investors: Sebi chairman Tuhin Kanta Pandey has said that the markets regulator Sebi is actively working towards the end-to-end digitisation of the Foreign Portfolio Investor (FPI) registration process, leveraging digital signatures to make it entirely paperless.

India and Brazil discuss possible roadmap on fossil fuel: Brazil President Luiz Inacio Lula da Silva met the Indian delegation led by Environment Minister Bhupender Yadav and discussed a possible roadmap on fossil fuel -- a topic that the President is pushing hard during the ongoing COP30.

Afghan industry and commerce minister Azizi on India visit to advance trade ties: Afghan's Industry and Commerce Minister Alhaj Nooruddin Azizi is in India with a focus on advancing bilateral trade and investment ties.

Non-bank lenders' home loan growth will slow down in FY26: Crisil in its report said that non-bank lenders’ home loan growth will slow down in FY26 owing to aggressive play by state-run banks in the market.

Textile stocks will be in focus: Hit by the steep 50 per cent tariffs imposed by the US, India's textile exports declined 12.91 per cent in October, pushing industry bodies to seek relief measures to arrest the fall in shipments, expected to exacerbate in the coming months.

On the global front: The US markets ended in green on Wednesday as traders opted to buy stocks at relatively lower levels following the significant weakness seen over the past few sessions. Asian markets are trading mostly in green on Thursday, following the positive cues from Wall Street overnight.

Back home, Indian equity benchmarks bounced back sharply and ended over half percent higher on Wednesday, driven by a rally in IT, TECK and Banking stocks and sustained buying from domestic institutional investors. Additionally, optimism over a potential India-US trade deal helped sustain buying interest. Finally, the BSE Sensex rose 513.45 points or 0.61% to 85,186.47 and the CNX Nifty was up by 142.60 points or 0.55% to 26,052.65.  

Some of the important factors in trade:

India's GDP growth likely to reach over 7.5% in Q2FY26: With the help of robust festive sales triggered by the GST rate cut in late September, a SBI research report has said that India's Gross Domestic Product (GDP) growth is likely to reach 7.5 per cent or more in the second quarter of the current fiscal (Q2FY26). 

India-US partnership remains strong, stable and continuously expanding: Union Minister of Commerce and Industry, Piyush Goyal has emphasised that the India-US partnership remains strong, stable and continuously expanding across strategic and economic sectors. 

India’s GDP growth to moderate to 7% in Q2FY26: Rating agency ICRA has projected India’s GDP growth to moderate to 7 per cent in Q2FY26, from 7.8 per cent in the previous quarter, amid lower government spending. Indian economy had expanded 5.6 per cent in the Q2 (July-September) of 2024-25 fiscal.

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