Indian Stock Market Today: 8 Key Global Cues Before Opening Bell — Gift Nifty, Trump-Xi Talks, Nasdaq Rally
Indian Stock Market Today: Sensex and Nifty likely to open flat as Gift Nifty trades near 25,984. Global cues include Wall Street rally, Trump-Xi talks, Fed rate cut hopes, and Asian market gains.
Gift Nifty signals a flat start for Indian stock market as global markets rally and geopolitical cues improve.
The Indian stock market is likely to begin Tuesday’s session on a flat note, tracking mixed domestic sentiment but positive global market cues.
At the beginning of trade, Gift Nifty was at about 25,984, which was a discount of 12 points to Nifty futures close on Monday - indicating a very slight but constant beginning for the main indices.
On Monday, the bourses saw profit-taking across the board with the Sensex dropping 331 points to 84,900.71 and the Nifty 50 going down 108.65 points to finish at 25,959.50, just below the 26,000 mark.
Market experts expect subdued sentiment ahead of key macro data.
“With no major domestic triggers until the GDP numbers due Friday, market movement may remain cautious. India-US trade developments and foreign fund flows will determine short-term volatility,”
said Siddhartha Khemka, Head of Research, Motilal Oswal Financial Services.
Top Global Triggers for Sensex & Nifty Today
1️⃣ Asian Markets Rise
Asian equities mirrored Wall Street’s overnight rally led by tech stocks.
- Nikkei 225: +0.70%
- Topix: +0.70%
- Kospi: +1.57%
- Kosdaq: +1.70%
Hang Seng futures: Pointing towards a positive opening
2️⃣ Gift Nifty Signals Flat Start
Gift Nifty traded around 25,984, indicating a neutral tone before Indian market opening.
3️⃣ Wall Street Rally
US markets surged on hopes of a Federal Reserve interest rate cut in December.
- Dow Jones: +0.44%
- S&P 500: +1.55%
- Nasdaq Composite: +2.69%
4️⃣ US Tech Stocks Power Gains
Major technology stocks posted strong gains:
- Alphabet: +6.28%
- Tesla: +6.82%
- AMD: +5.53%
- Meta: +3.16%
- Nvidia: +2.05%
- Amazon: +2.53%
- Apple: +1.63%
5️⃣ Trump-Xi Diplomacy Boosts Sentiment
Global markets reacted positively after President Donald Trump confirmed a constructive call with Chinese President Xi Jinping.
Trump will reportedly visit Beijing in April 2026 and has invited Xi for a state visit to the US — signaling easing geopolitical tensions.
6️⃣ US Federal Reserve Signals Rate Cut
Fed Governor Christopher Waller hinted at a possible December rate cut, while suggesting a meeting-to-meeting approach starting January based on incoming economic data.
7️⃣ Gold Prices Slightly Ease
Gold steadied after a sharp rally:
- Spot Gold: $4,132.20/oz (-0.2%)
- US Gold Futures: $4,049.50/oz (+0.7%)
8️⃣ Crude Oil Trades Lower
Energy markets remained under pressure:
- Brent Crude: $63.26/bbl (-0.17%)
- WTI: $58.77/bbl (-0.12%)
Outlook
With global sentiment improving and expectations of a US rate cut rising, Indian equities may see consolidation with stock-specific movement. All eyes remain on domestic GDP data and international trade developments in the days ahead.
