Wed May 07 01:30:00 UTC 2025: ## Indian Markets Poised for Gap-Down Opening Amidst Border Tensions

**Mumbai, May 7, 2025** – Indian stock markets are expected to open significantly lower today, fueled by escalating border tensions between India and Pakistan and bearish market indicators. The GIFT Nifty, an indicator of the next day’s opening, points to a gap-down start.

Technical analysis reveals a bearish trend reversal, with the Nifty50 index forming a bearish engulfing pattern on daily charts. This pattern, coupled with a bearish outlook for the current weekly expiry of both Nifty50 and Sensex, suggests a negative trading day.

Options data indicates a cautious market sentiment. While maximum call and put open interest (OI) are relatively balanced around 24,000 and 24,500 respectively for near-term expiry, the higher OI for longer-term expiry (May 13th) sits at 81,000 for both calls and puts. This suggests uncertainty and potential volatility.

High trading volumes were observed in futures contracts of Bank of Baroda, Polycab, and SBI, while SBIN 820 CE and Reliance 1,480 CE were the most actively traded options contracts. CDSL, Manappuram, and RBL Bank are currently under the F&O ban.

**Disclaimer:** *This news report is based on market data and analysis provided by Upstox. Investment decisions should be made after careful consideration of individual risk tolerance and independent research. Investing in the securities market involves inherent risks.*

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