Indian stock market: 7 things that changed for the market overnight - Gift Nifty, India’s CAD, weak dollar to oil prices

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Sensex gained 229.84 points, or 0.32%, to close at 71,336.80, while the Nifty 50 settled 91.95 points, or 0.43%, higher at 21,441.35. “We expect markets to be in a range with positive bias and end the year on a positive note. While there is lack of significant triggers and in the absence of any major events due holiday season.

Stock specific movement and series of new listings would keep the investors in action," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Day trading guide for today: Six stocks to buy or sell on Wednesday —December 27 Here are key domestic and global market cues for Sensex today: Asian markets traded higher on Wednesday following overnight gains on Wall Street amid optimism over lower interest rates going forward amid cooling inflation. Japan’s Nikkei 225 gained 1% and the Topix index rose 0.68%.

South Korea’s Kospi added 0.3%, while Kosdaq jumped 1.33%. Hong Kong’s Hang Seng index futures pointed to a higher open. Gift Nifty was trading around 21,542 level as compared to Nifty futures’ previous close of 21,499, 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!) The US stock market extended its rally on Tuesday led by megacap stocks and chip shares, with the S&P 500 touching its highest intraday level since January 2022. All the three indices are on track for monthly, quarterly and annual gains. The Dow Jones Industrial Average gained 159.36 points, or 0.43%, to 37,545.33, while the S&P 500 rose 20.12 points, or 0.42%, to 4,774.75.