Indian shares set for marginal gains to start the new year

India’s benchmark indices are set to open marginally higher on Wednesday, the first trading session of 2025. GIFT Nifty futures traded at 23,735 as of 7:54 a.m. IST, suggesting the Nifty 50 will open slightly above Tuesday’s close of 23,644.8. Analysts expect markets to trade near current levels ahead of the quarterly earnings season next week.