What Changed in the Markets While You Slept: GIFT Nifty, Wall Street & Crypto Trends
The Gift Nifty benchmark level stood at 24,783 which displayed a 48-point reduction from the Nifty futures' last closing value thus signaling a starting downturn for Indian stock market indices.
What Changed in the Markets While You Slept: GIFT Nifty, Wall Street & Crypto Trends
Indian stock market today: Thursday brings expectations of lower openings for both Sensex and Nifty 50 following the global market experience selling pressure.
The Sensex The market closed in 81,596.63 following an improvement of 410.19 points which represents 0.51 percent growth. Nifty 50 ended at 24,813.45 after a gain of 129.55 points, which was 0.52 percent growth.
Check out these important global market indicators:
Asian Markets
Thursday's Asian market sessions showed lower trading volumes due to Wall Street's earlier declines.
The Nikkei Index reached its lowest point in two weeks due to rising US Treasury yields and a stronger yen. The Japan Nikkei 225 index fell 0.8% to reach 37,007.79 after hitting its lowest point since May 8 at 36,873.61. The Kospi in South Korea dropped by 0.59% while the Kosdaq decreased by 0.69%.
Gift Nifty Today
Gift Nifty traded at 24,783 which was 48 points below the Nifty futures closing level suggesting an unfavorable start for Indian stock market indices..
India-US Trade Deal
New Delhi wants full tariff exemption for domestic goods as India and the US plan to announce an interim trade deal before July 8 according to PTI reports from an official source.
Israel-Yemen War
Israel's military intercepted a missile launched from Yemen early Thursday that set off sirens across central Israel according to a military statement.
US Treasury Yields
Investors showed limited interest in the Treasury Department’s $16 billion 20-year bond sale which resulted in higher long-term US Treasury yields. The benchmark US 10-year notes yield increased by 10.8 basis points reaching 4.589%.
