Sensex Today | Share Market Live Updates : Gift Nifty, mixed global peers weigh on sentiment; Markets to open muted
Read the full story here.)Sensex Today Live : Gift Nifty Futures was trading marginally ahead of Nifty 50's Tuesday close, indicating a muted start for Indian benchmark indices. Sentiment for Indian markets would be marred further by the mixed performance of global peers that were weighed down by the cautious mood elsewhere.South Korean shares fell for a second straight session on Wednesday, dragged down by heavyweight chipmakers tracking losses in global peers.The benchmark KOSPI fell 5.42 points, or 0.20%, to 2,643.98 by 0110 GMT.
On Tuesday, it fell 0.93%, its biggest in nearly three weeks.Wall Street stocks closed sharply lower on Tuesday while bitcoin and gold touched all-time highs as market participants eyed upcoming economic data and central bank actions.All three major U.S. stock indexes fell 1% or more on the day, with the tech-laden Nasdaq suffering the steepest loss.Despite the risk-averse sentiment among stock investors, bitcoin touched, and then backed away from, a record high.
The cryptocurrency was last off 7.6% on the day at $62,380.Gold also reached an all-time high, powered by interest rate cut expectations.The Dow Jones Industrial Average fell 404.64 points, or 1.04%, to 38,585.19, the S&P 500 lost 52.3 points, or 1.02%, to 5,078.65 and the Nasdaq Composite dropped 267.92 points, or 1.65%, to 15,939.59.European shares ended lower after moves by China to stimulate its economy failed to impress investors, who grew cautious ahead of euro zone and U.S. economic data, as well as a policy decision from the European Central Bank.The pan-European STOXX 600 index lost 0.23% and MSCI's gauge of stocks across the globe shed 0.79%.Emerging market stocks lost 0.89%.
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