Indian stock market: 7 key things that changed for market overnight - Gift Nifty, US Treasury yields to oil prices
Sensex gained 363.20 points, or 0.49%, to close at 74,014.55, while the Nifty 50 settled 135.10 points, or 0.61%, higher at 22,462.00. “The market is expected to continue its positive momentum but the journey could be volatile on the back of elections and Q4 earnings this month. Now all eyes will be on RBI monetary policy due this Friday where status quo is expected but commentary would be keenly watched," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd.
Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — April 2 Here are key global market cues for Sensex today: Asian markets traded mixed on Tuesday as investors gauged key economic data in the region. Japan’s Nikkei 225 gained 0.25%, while the Topix rose 0.19%. South Korea’s Kospi fell 0.34% and the Kosdaq declined 1.11%.
Hong Kong’s Hang Seng index futures indicated a weak opening. Australia’s S&P/ASX 200 rose 0.12% to fresh all-time highs. Gift Nifty was trading around the 22,540 level, a discount of nearly 60 points from the Nifty futures’ previous close, indicating a gap-down start for the Indian stock market indices.
Also Read: Emerging-Market Assets Edge Lower Amid Thin Liquidity, US Data The US stock market indices ended mixed on Monday after stronger-than-expected manufacturing data pushed Treasury yields higher. The Dow Jones Industrial Average declined 240.52 points, or 0.60%, to 39,566.85, while the S&P 500 fell 10.58 points, or 0.20%, to 5,243.77. The Nasdaq Composite ended 17.37 points, or 0.11%, higher at 16,396.83.
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