Key Overnight Shifts in Indian Markets: GIFT Nifty Moves, Sensex Reshuffle & Global Cues
Gift Nifty was trading around 24,690, which is a difference of 38 points over the Nifty's previous closing, suggesting a positive start to the Indian indexes in the market for stocks.
Key Overnight Shifts in Indian Markets: GIFT Nifty Moves, Sensex Reshuffle & Global Cues
Stock market today: Market forecasters anticipate that the Sensex and Nifty 50 benchmark equity indexes will open higher on Friday because global market signals remain divided.
The Sensex declined 644.64 points (or 0.79 percent, and closed at 80,951.99 The Nifty 50 closed 203.75 points or 0.82 percent lower, at 24,609.70.
Here are the most important global market cues for Sensex this morning:
Asian Markets
The Japan Nikkei 225 index advanced by 0.48 percent while the Topix index saw a gain of 0.5 percent. The Hong the Hong Kong's Hang Seng index futures indicated that the market was opening lower.
Gift Nifty Today
Gift Nifty was trading around 24,690, which is a difference of 38 points over the previous closing price, which indicates a slightly positive start to the Indian indexes of the stock market.
Wall Street
US stock markets ended their volatile session without much change on Thursday, after that the House of Representatives passed the US President Donald Trump's tax bill and spending bill.
The Dow Jones Industrial Average eased 1.35 points to 41,859.09 and the S&P 500 decreased 2.60 points or 0.04 percent up to 5,842.01. Its Nasdaq Composite closed 53.09 points (or 0.28 percent higher, at 18,925.74.
US Treasury Yields
Thirty year US bond yields hit their highest levels in 19 months, before falling on Thursday amid fears that remain about the US economic outlook and demands for government debt, Reuters reported.
India GDP Growth
Morgan Stanley modestly upgraded its forecast for India's economic growth to 6.2 percent year-onyear (YoY) for fiscal year 2026. This is an increase from 6.1 percent and 6.5 percent for FY 2027. This is an increase from 6.3 percent in light of the easing of China-US trade tensions. Japan Inflation
The CPI, the core CPI, or the consumer price index (CPI) which does not include fresh food, but also includes oil prices, climbed 3.5 percent in April over the previous month, surpassing the forecasts of market analysts for 3.4%.
