Stock Market Today LIVE: Nifty Signals Muted Opening for Nifty 50, Sensex; Wipro, RVNL, Waaree in Focus
Indian Stock Market Expected to Open on a Tepid Note
The Indian stock market is expected to open on a subdued note on Friday, following mixed cues from global markets. Optimism surrounding the potential end of the US-Iran war has contributed to this sentiment. The benchmark indices, Sensex and Nifty 50, are anticipated to experience a muted start.
The trends on Gift Nifty suggest a discount of nearly 15 points from the Nifty futures' previous close, with Gift Nifty trading around 24,181. This development is indicative of the cautious approach being adopted by investors in the Indian market.
Globally, Asian markets have experienced a decline, while the US stock market ended higher overnight. The Nasdaq rose for the 12th consecutive session, its longest winning streak since July 2009. This trend highlights the divergent performances of global markets.
Read also: Treasury Yields Experience Largest Increase in Two Weeks Following Release of Labor Market Data
Meanwhile, a 10-day ceasefire between Lebanon and Israel went into effect on Thursday. US President Donald Trump has announced that the next meeting between the United States and Iran may take place over the weekend. Trump has stated that Iran has offered not to possess nuclear weapons for more than 20 years.
| Market | Overnight Performance |
|---|---|
| Asian Markets | Decline |
| US Stock Market | Higher |
| Nasdaq | Rose for 12th consecutive session |
Key Figure: Donald Trump, US President Key Event: 10-day ceasefire between Lebanon and Israel
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