The GIFT Nifty was trading above 23,600 in early trade on Thursday.
Eicher Motors Ltd., Tata Power Ltd., and Vodafone Idea Ltd. share prices may react because of the news flow and earning releases.
The NSE Nifty 50 and BSE Sensex extended losses to the fifth straight session on Wednesday as HDFC Bank Ltd., Reliance Industries Ltd., and Mahindra & Mahindra Ltd. share prices dragged.
October retail inflation soared to a 14-month high of 6.2% which reduced expectations of a rate cut by RBI in the upcoming policy meet.