Indian stock market: The domestic equity benchmark indices, Sensex and Nifty 50, are expected to open on a muted note Wednesday amid mixed global market cues.
Asian markets inched higher, while the US stock market ended lower overnight amid selling in tech stocks.
Investors await the US inflation data later today which could influence the US Federal Reserve interest-rate decision at its policy meeting from December 17 to 18.
On Tuesday, the Indian stock market benchmark indices ended choppy session on a flat note.
The Sensex gained 1.59 points to close at 81,510.05, while the Nifty 50 eased 8.95 points, or 0.04%, to settle at 24,610.05.
“With investors cautious ahead of key macroeconomic data, market participants are closely watching potential shifts in sentiment, as inflation reports from both domestic and international sources are expected to influence market trends in the coming days,” said Vikram Kasat, Head – Advisory, PL Capital – Prabhudas Lilladher.
Here are key global market cues for Sensex today:
Asian Markets
Asian markets traded higher on Wednesday. Japan’s Nikkei 225 and Topix were flat. South Korea’s Kospi gained 0.11% and Kosdaq jumped over 2%. Hong Kong’s Hang Seng index futures indicated a higher opening.
Gift Nifty Today
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