Indian stock market: 8 things that changed for the market overnight - Gift Nifty, US GDP to Japan’s inflation

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Catch Live Market Updates here The domestic equity market ended higher on Thursday amid across-the-board buying as investors remained upbeat on India’s growth prospects. The Sensex ended 358.79 points, or 0.51%, higher at 70,865.10, while the Nifty 50 gained 104.90 points, or 0.50%, to settle at 21,255.05. “Market is likely to move in a range as investor participation is expected to gradually decline globally ahead of the Christmas and New Year holiday," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services.

Also Read: Buy or sell: Vaishali Parekh recommends three stocks to buy today — December 22 Here are key global market cues for Sensex today: Asian markets traded lower on Friday tracking overnight gains on Wall Street, while data showed Japan’s inflation growth at slowest pace since July 2022. Japan’s Nikkei 225 gained 0.36% and the Topix rose 0.51%. South Korea’s Kospi was up 0.43%, while Kosdaq added 0.33%.

Hong Kong’s Hang Seng index futures pointed to a weaker open. Also Read: F&O ban list: Ashok Leyland, RBL Bank, SAIL, 5 other shares placed under future & option ban list for today Gift Nifty was trading around 21,388 level as compared to Nifty futures’ previous close of 21,376, indicating a positive start for the Indian markets. US stocks ended higher on Thursday as investor risk appetite revived after economic data fueled optimism that the US Federal Reserve would ease monetary policy.

The Dow Jones Industrial Average rallied 322.35 points, or 0.87%, to 37,404.35, while the S&P 500 jumped 48.4 points, or 1.03%, to 4,746.75. The Nasdaq Composite ended 185.92 points, or 1.26%, higher at 14,963.87. Among stocks, Micron Technology shares surged 8.6%, Triumph Group rallied 32.9%, while