Indian stock market: 7 things that changed for market overnight - Gift Nifty, rise in oil prices to Toshiba delisting
global market cues. The Asian markets traded higher while the US stocks ended with gains overnight amid upbeat sentiment over easing monetary policy by the central bank going ahead. Catch Live Market Updates here However, a spike in crude oil prices on concerns over disruption in the Red Sea would weigh on investor sentiment.
On Tuesday, the Indian stock market indices ended higher amid broadly positive global cues with both the frontline indices hitting record high intraday. The BSE Sensex ended 122.10 points, or 0.17%, higher at 71,437.19, while the NSE Nifty 50 rose 34.45 points, or 0.16%, to settle at 21,453.10. “The overall market sentiments remain buoyant on the back of continued FIIs buying and strong macro data.
FIIs have already bought ~ ₹30,000 crore worth of equities in December month so far. Going ahead, the positive momentum is likely to continue largely driven by liquidity and vibrant mood ahead of Christmas and new year," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd. Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 20 Here are global market cues for Sensex today: Asian markets traded higher following overnight gains on Wall Street.
Japan’s Nikkei 225 rallied 1.32% at open and the Topix surged 0.91%. South Korea’s Kospi gained 0.73%, while the Kosdaq rose 0.65% Hong Kong’s Hang Seng index pointed to a higher open. Australia’s S&P/ASX 200 was up 0.63%.
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