Sensex Today | Share Market Live Updates : Asian shares subdued, Gift Nifty indicates muted start at opening bell
Read the full story here.)The domestic equity market indices, Sensex and Nifty 50, are expected to open on a flat note on Tuesday tracking mixed global market cues.Asian markets traded mixed as China’s central bank cut the benchmark five-year loan prime rate for the first time since June. The US stock futures were muted amid lack of fresh triggers.Meanwhile, investors now eye the minutes from the US Federal Reserve’s January policy meeting due on Wednesday for more clues on its interest rate cut timing.
(Read the full story here.)Gift Nifty futures, which were at 22,139.50 at 7:40 am, were marginally ahead of Monday's Nifty close of 22,122.25.But Gift Nifty was down from Monday's, and also its all-time-high, of 22,186 that Nifty touched during the day's trade, indicating a slow start for markets on Tuesday.Elsewhere, Asian stocks held to tight ranges Tuesday as investors awaited fresh catalysts after US markets were closed for a holiday Monday.Stocks in Australia fell, while those in Japan eked out a gain. Futures for Hong Kong shares edged higher, and contracts for US equities were little changed.A gauge of global stocks was just 1.1% from its peak after the S&P 500 set a fresh record last week, while the region-wide Euro Stoxx 50 hovered near a two-decade high.
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