GIFT Nifty indicates a positive opening for Indian markets, which closed the previous week with modest gains amid consolidation. The upcoming week is expected to see increased volatility due to the December F&O expiry. Investors will monitor key domestic data including Industrial Production, budget figures, external debt, and manufacturing PMI. Global markets showed mixed movements, with Asian shares near record highs, the yen recovering, oil prices rising due to Middle East tensions, and silver reaching a new peak.