Sensex Today Live Updates : Muted Asian peers, Gift Nifty signal subdued open for Indian markets
Read the full story here.)Sensex Today Live : Indian equity indices, Sensex and Nifty 50, are projected to open on a positive note on Tuesday, influenced by a blend of global indicators. Mixed trends were observed in Asian markets, while the US market mostly closed higher, with Nasdaq reaching a record high due to a tech stock rally preceding Nvidia’s results.Investors’ attention will be on Q4 results, the voter turnout in the current Lok Sabha elections, local and international macroeconomic data, foreign fund outflows, crude oil prices, and other global factors.The Indian stock market concluded a special trading session on Saturday with slight gains, buoyed by positive global indicators.
The Sensex rose by 88.91 points (0.12%) to close at 74,005.94, while the Nifty 50 ended 35.90 points (0.16%) higher at 22,502.00.The domestic equity markets remained closed on Monday due to the Lok Sabha elections in Mumbai.Vinod Nair, Head of Research at Geojit Financial Services, stated that uncertainties remain about the timing of US Fed rate adjustments, and market participants are eagerly awaiting clarity from an upcoming Fed chair speech. He added that due to ongoing uncertainties related to election results and quarterly earnings, volatility is expected to continue in the near term.
(Read the full story here.)Sensex Today Live : Indian benchmark indices were likely to open on a muted to positive note, with most of their Asian peers taking a breather after a seven-day rally.At 8:15 am, Gift nifty futures were trading at 22,595, just around 100 points ahead of Nifty 50's Saturday close of 22,502. Markets in India were open on Saturday for a few hours for a special trading session, while they were closed on Monday on account of
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