What Changed Overnight for Indian Markets: 12 Must-Know Updates Including Global Cues and Political Headlines
The Gift Nifty level stood at 24,371 which represented a 202 point advantage compared to the last close of Nifty futures marking a positive opening for Indian market indices.
What Changed Overnight for Indian Markets: 12 Must-Know Updates Including Global Cues and Political Headlines
Stock market today: The Indian stock market finished at a advanced position on Tuesday marking the sixth session in a row of increased value as the Nifty 50 surpassed the 24,100 threshold.
The Sensex advanced by 187.09 points which equates to a 0.24% increase to finish at 79,595.59 and the Nifty 50 registered a gain of 41.70 points reaching a 0.17% advance to end at 24,167.25
Today’s Sensex performance depends on these essential global market indicators:
Asian Markets
The Asian markets endured a rally on Wednesday driven by the positive performance of Wall Street overnight because of the perfecting trade relations between the US and China.
Japan Nikkei 225 rose by 1.85 and the Topix indicator gained 2.09% South Korea’s Kospi indicator advanced by 1.02 while the Kosdaq indicator increased by 0.81%
Gift Nifty Today
The trading level of Gift Nifty reached 24,371 which showed a 202 point premium over Nifty futures' last close pointing toward a positive opening of the Indian stock market indices.
Wall Street
The US stock market endured a swell on Tuesday as suggestions of easing US- China trade pressures surfaced alongside President Trump's statement about maintaining Jerome Powell as Federal Reserve Chair.
The Dow Jones Industrial Average surged by 1,016.57 points reaching 39,186.98 which represented a 2.66% rise while the S&P 500 advanced 129.56 points to reach 5,287.76 after a 2.51% increase. The Nasdaq Composite finished the day with a 429.52 point increase which represented a 2.71 rise to reach 16,300.42
US-China Trade War
At a private investor summit US Treasury Secretary Scott Bessent expressed his view that the current tariff conflict with China cannot continue permanently and anticipated its resolution.
Trump on Powell
President Donald Trump ceased threats to dismiss Federal Reserve Chair Jerome Powell following multiple days of increasingly harsh criticisms about the central bank leader's failure to decrease interest rates according to Reuters.
IMF Cut Growth Forecast
The International Monetary Fund reduced its worldwide economic growth projections while noting that US tariffs have reached their highest levels in a century and cautioning that escalating trade tensions will further decelerate economic progress.
