Sensex Today | Share Market Live Updates: Sensex and Nifty may open higher on Tuesday tracking positive trends on the Gift Nifty. Markets gained globally ahead of key economic data. Asian stock markets saw an uptick in anticipation of important economic data from the US and upcoming meetings from major central banks, which may shed light on potential rate cuts next year.
Key indices in Japan, South Korea, and Australia witnessed gains on Tuesday. This follows a positive trend in the US, where stocks have risen for three consecutive days. The S&P 500 remained over 4,600, with notable performance in the Nasdaq 100, particularly among chipmakers.On Wall Street, stocks closed with modest gains on Monday ahead of the Federal Reserve's final meeting of the year.
The S&P 500 increased by 0.4%, reaching its highest point in 20 months. Similarly, the Dow Jones Industrial Average rose by 0.4%, and the Nasdaq composite edged up by 0.2%.Attention this week is largely focused on upcoming consumer and wholesale inflation, as well as the Federal Reserve's latest stance on interest rate policy. Tuesday is set for the release of India's retail inflation which has likely risen from 4.9% in October to 5.8% in November, according to a Mint poll of 23 economists.The Sensex was down 50 points at 69,878.34, and the Nifty was down 0.14% at 20,967.30.Motisons Jewellers IPO price band has been set in the range of ₹52 to ₹55 per share of the face value of ₹10.
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