6 things that changed for the stock market overnight - Gift Nifty, rally in US tech stocks to a weak dollar
Sensex fell 139.58 points, or 0.21%, to close at 65,655.15, while the NSE Nifty 50 ended 37.80 points, or 0.19%, lower at 19,694.00. “Overall market is likely to consolidate in a range as focus will be on the US FOMC meeting minutes which will be released on Wednesday. Globally, participation could be lower on account of Thanks Giving Holiday on Thursday.
Investors would watch for US existing home sales data that will be released on Tuesday," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — November 21 Here are key domestic and global market cues for Sensex today: Asian markets traded mostly higher on Tuesday following overnight rally on Wall Street fuelled by technology stocks. Japan’s Nikkei 225 eased 0.13%, while the Topix fell 0.21%.
South Korea’s Kospi gained 0.76% and Kosdaq traded 0.30% higher. Hong Kong’s Hang Seng index futures stood higher at 17,943, compared with the HSI’s close of 17,778.07. Australia’s S&P/ASX 200 rose 0.26%.
Gift Nifty was trading around 19,813 level as against Nifty futures’ previous close of 19,750, indicating a positive start for the Indian benchmark indices. (Exciting news! Mint is now on WhatsApp Channels Subscribe today by clicking the link and stay updated with the latest financial insights! Click here!) US stock market indices ended higher on Monday with Nasdaq’s rallying over 1% led by gains in heavyweight Microsoft shares that hit a record high. The Dow Jones Industrial Average gained 203.76 points, or 0.58%, to 35,151.04, while the S&P 500 jumped 33.36 points, or 0.74%, to 4,547.38.
Read more on livemint.com
