Sensex dropped 352.67 points, or 0.48%, to close at 72,790.13, while the Nifty 50 declined 90.65 points, or 0.41%, to settle at 22,122.05. “Globally investors would take cues from macro data releases lined up during the week. Overall, we expect the market to consolidate at higher zones while following global trends," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Here are key global market cues for Sensex today: Asian markets traded mixed on Tuesday following overnight drop on Wall Street amid subdued investor sentiment. Japan’s Nikkei 225 gained 0.3%, while the Topix rose 0.1%. South Korea’s Kospi eased 0.1% and the Kosdaq dipped 0.3%.
Hong Kong’s Hang Seng index futures indicated a slightly higher open. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — Feb 27 Gift Nifty was trading around 22,151 level, as compared with Nifty futures’ previous close of 22,138, indicating a slightly positive start for the Indian stock market indices. The US stock market indices ended lower on Monday as investors’ focus shifted to upcoming economic data that could affect the timing of the Federal Reserve’s expected interest rate cut.
The Dow Jones Industrial Average dropped 62.30 points, or 0.16%, to 39,069.23, while the S&P 500 fell 19.27 points, or 0.38%, to 5,069.53. The Nasdaq Composite ended 20.57 points, or 0.13%, lower at 15,976.25. Among stocks, Micron Technology shares gained 4.02%, Google-parent Alphabet share price plunged 4.44%, while Warren Buffett-led Berkshire Hathaway shares dropped 1.94%.
Domino's Pizza stock price rallied 5.85%, while Intuitive Machines plunged 34.62%. Japan’s consumer inflation slowed for the third straight month to 2.0% in January. The
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