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7 Key Overnight Market Updates: What Will Shape India’s Stock Market Today

US rally, Gift Nifty discount, and India-Pakistan tensions set the stage for cautious trade on April 24, 2025

April 14, 2025: Indian stock market indices Sensex and Nifty 50 are expected to open on a cautious note, as a mix of positive global cues and domestic geopolitical tensions shape investor sentiment.

Also Read: Sensex Surges 6,269 Points in 7 Days: 5 Key Reasons Behind the Market Rally

Despite strong gains in global markets and easing US-China trade tensions, the aftermath of the Pahalgam terror attack and India’s retaliatory measures, including suspending the Indus Waters Treaty, have introduced fresh uncertainty.

Here are 7 major developments that could impact the Indian stock market today:

Also Read: Trump Signals Possible End to China Trade War, But Warns “Tariffs Won’t Be Zero”

1️⃣ Gift Nifty Signals Flat-to-Negative Start

Gift Nifty was trading around 24,260, at a 52-point discount from Nifty futures’ previous close.
Suggests a soft start for Indian equities.

2️⃣ Wall Street Surge on Trade Optimism

Major US indices closed higher amid positive cues from US-China tariff talks:
- Dow Jones: +558 pts (1.42%)
- S&P 500: +111.74 pts (2.11%)
- Nasdaq: +521.80 pts (3.20%)
Big gainers included:
- Tesla +8.2%
- Amazon +4.28%
- Nvidia +3.86%
- Apple +2.43%
- Boeing +6.3%

3️⃣ Asian Markets Trade Firm

Also Read: India Summons Pakistan Envoy, Declares Military Diplomats ‘Persona Non Grata’ After Pahalgam Terror Attack

Japan’s Nikkei 225: +1%
Topix: +0.81%
South Korea’s Kosdaq: +0.34%
Hang Seng futures: Flat

4️⃣ US-China Trade Talks Gain Momentum

The White House may consider easing tariffs on Chinese goods as part of negotiations.
Any reduction would be conditional and negotiation-linked, not unilateral.

5️⃣ Strong US Housing Data

New home sales in the US surged 7.4% in March, hitting 724,000 units, highest since Sept 2024.
Indicates underlying strength in US consumer confidence and demand.

6️⃣ India-Pakistan Escalation Weighs on Sentiment

Following the Pahalgam terror attack, India:
- Suspended the Indus Waters Treaty
- Cancelled visas for Pakistani nationals
- Ordered closure of the Attari border
- Expelled Pakistani military attachés

7️⃣ Gold Prices Dip From Record Highs

Spot gold fell 3% to $3,281.60/oz after touching a record $3,500.05/oz.
US gold futures dropped 3.7%, as investors moved to riskier assets amid positive global cues.

🔁 Market Recap (April 23)

Sensex: +520.90 pts (0.65%) → 80,116.49
Nifty 50: +161.70 pts (0.67%) → 24,328.95
Marked the seventh straight day of gains

📈 Outlook Summary:

Global cues bullish, but India-Pakistan geopolitical tensions may cap gains
Watch for volatility in defence, energy, and water utility stocks
FIIs remain net buyers — a bullish signal
Traders advised to monitor intraday trends closely

🏷️ Tags:

Indian stock market, Nifty 50, Sensex, Wall Street rally, Gift Nifty, US-China trade talks, Pahalgam attack, India Pakistan news, Indus Waters Treaty, Gold prices today

Business Desk