Indian equity markets are poised for a higher opening on the first trading day of 2026, with GIFT Nifty indicating a positive start. Investors will be watching December auto sales data for cues. Major Asian markets are closed for the New Year holiday. US indices closed lower but concluded 2025 with significant annual gains. The Nifty 50 and Sensex ended 2025 with substantial increases, while the Nifty Midcap 100 also saw gains, though the Nifty Smallcap 100 declined.