Indian stock markets are expected to start the final trading session of July on a firm note, with Gift Nifty indicating a gap-up opening of about 100 points. The positive setup comes as global equities remain supportive, helping improve risk appetite before the opening bell.

The upbeat tone in overseas markets is seen as the main driver for early gains in domestic indices. A rebound in foreign investor buying is also adding support, giving traders another reason to expect a stronger start for benchmarks such as the Sensex and Nifty.

Even so, the market backdrop is not completely free of risk. Geopolitical uncertainty continues to hang over sentiment, while crude oil prices remain an important factor for investors watching inflation and import-related pressures.

For now, the balance appears tilted toward a positive opening for Indian equities. If global strength holds and foreign flows remain supportive, domestic markets could extend their firm tone, though traders are still likely to stay alert to any fresh moves in oil and global risk indicators.