Indian stock market: 6 key things that changed for market overnight - Gift Nifty, US consumer confidence to oil prices

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Sensex declined 361.64 points, or 0.50%, to close at 72,470.30, while the Nifty 50 settled 92.05 points, or 0.42%, lower at 22,004.70. “Shorten trading week, derivatives monthly expiry along with global economic data to be released this week has kept the investors on the sidelines. Overall, we expect the market to consolidate in a broader range, however, buying in a broader market before the financial year end cannot be ruled out," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — March 27 Here are key global market cues for Sensex today: Asian markets traded mostly higher on Wednesday. Japan’s Nikkei 225 rose 0.24%, while the Topix gained 0.4%. South Korea’s Kospi eased 0.1%, while the Kosdaq was flat.

Hong Kong’s Hang Seng index futures indicated a weaker opening. Gift Nifty was trading around the 22,050 level, a discount of nearly 40 points from the Nifty futures’ previous close, indicating a weak start for the Indian stock market indices. Also Read: Stock market today: PSU stock SAIL under F&O ban list today US stock market indices ended lower on Tuesday, with the Dow and S&P 500 falling for the third straight session.

The Dow Jones Industrial Average declined 31.31 points, or 0.08%, to 39,282.33, while the S&P 500 fell 14.61 points, or 0.28%, to 5,203.58. The Nasdaq Composite ended 68.77 points, or 0.42%, lower at 16,315.70. Among stocks, Tesla shares rose 2.92%, while Trump Media & Technology share price jumped 16.1% and McCormick shares rallied 10.52%.