Sensex Today | Share Market Live Updates: Gift Nifty signals positive start for Indian markets; Asian indices gain
Share- Nishadil
- January 09, 2024
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Indian benchmark indices Sensex and the Nifty 50 are poised to open on a higher note Tuesday tracking global markets. The Gift Nifty also indicates a gap up opening for Indian markets. Asian stock markets showed some signs of resilience with most indices recording gains on the heels of a tech driven surge on Wall Street.
Investors across the globe are keenly awaiting the US inflation data, a critical factor that could influence the Federal Reserve's decision on interest rate adjustments. This global market buoyancy is likely to offer support to Indian indices, which had witnessed a sharp 0.9% decline on Monday.
Domestic investors are focussing on key economic indicators and corporate earnings of IT majors later this week. Sensex Today Live: Asian markets gain tracking Wall Street; investors await key inflation data Asia's stock indices were mostly higher Tuesday after a tech led surge on Wall Street. Investors await the next set of U.S inflation numbers due this week, which could hint at when the Federal Reserve might start cutting interest rates.
MSCI's broadest index of Asia Pacific shares outside Japan was up 0.5%, after U.S. stocks ended the previous session with gains..