Indian stock market: 7 key things that changed for market overnight - Gift Nifty, Nikkei’s record high to FPI flows
Sensex eased 15.44 points, or 0.02%, to close at 73,142.80, while the Nifty 50 ended 4.75 points, or 0.02%, lower at 22,212.70. “This week, the market might take a pause ahead of various global economic data releases. US would be reporting its Q4 GDP numbers along with Initial jobless claim, PCE data and Consumer Confidence for the month of February.
However, the overall trend remains positive and thus we recommend investors to continue with the buy on dips strategy," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. On the domestic front, investors will eye several stock market triggers this week including domestic and global macroeconomic data, auto sales figures, crude oil prices, foreign capital inflow, along with other global developments. Read here: Week Ahead: Auto sales, F&O expiry, Q3 GDP data, global cues among key market triggers this week Here are key domestic and global market cues for Sensex today: Asian stocks traded mostly higher on Monday ahead of a slew of economic data this week including Chinese activity gauges and the Federal Reserve’s preferred measure of inflation.
Japan’s Nikkei 225 gained 0.5% and Topix rose 0.6%. South Korea’s Kospi fell 0.5%, while the Kospi added 0.2%. Hong Kong’s Hang Seng index futures were flat.
Gift Nifty was trading around 22,231 level, as compared with Nifty futures’ previous close of 22,222, indicating a flat-to-positive start for the Indian stock market indices. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — February 26 The US stock market ended mixed on Friday, while all three Wall Street benchmarks scored weekly gains led by artificial intelligence stocks. The Dow Jones Industrial Average gained
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