Categories: BusinessTopTrending

Indian Stock Market: 8 Key Updates Before Market Opens

Markets Expected to Open Lower Amid Mixed Global Cues

The Sensex and Nifty 50 are set for a negative start on Thursday, influenced by global market trends, US Fed policies, and geopolitical developments.

1. Asian Markets 📉

Asian markets traded lower as concerns over Trump’s tariff policies and US Fed’s cautious stance on interest rates impacted investor sentiment.

Also Read: Tesla Begins Hiring in India After PM Modi-Elon Musk Meeting: Know More

  • Nikkei 225: -0.79%
  • Topix Index: -0.67%
  • Kospi: -0.18%
  • Kosdaq: +0.32%
  • Hang Seng Index Futures: Indicating a slight rise

2. Gift Nifty 📊

Also Read: ‘I don’t care how many people sign that f**ing petition’ JPMorgan CEO Insists on Return-to-Office Mandate

  • Gift Nifty was trading around 22,914, reflecting a 50-point discount from the previous Nifty futures close, signaling a weak opening for Indian markets.

3. Wall Street Performance 📈

  • S&P 500 closed at an all-time high (+0.24%).
  • Dow Jones: +71.25 points (+0.16%).
  • Nasdaq Composite: +14.99 points (+0.07%).
  • Tesla (+1.82%) & Microsoft (+1.25%) saw gains.
  • Nikola fell 39.1% after filing for Chapter 11 bankruptcy.

4. US Fed Minutes & Interest Rate Outlook 🏦

Also Read: India’s Economic Growth Steady at 6-8% Amid Inflation Control: Ashwini Vaishnaw

  • Fed officials held interest rates steady in January, awaiting further inflation progress before considering adjustments.
  • Rate cut expectations pushed back, impacting market sentiment.

5. RBI Bulletin: Positive Growth Outlook 🇮🇳

  • Rural demand recovery & tax relief expected to boost urban consumption.
  • Growth forecast for Q1 2025: 6.6%.
  • Repo rate cut by Monetary Policy Committee (MPC) expected to support demand.

6. China Lending Rates 🏦

  • China left loan prime rates unchanged, with:
    • One-year LPR at 3.10%
    • Five-year LPR at 3.60%
  • Market participants expected no changes, indicating a neutral impact on global markets.

7. US Housing Market Decline 🏡

  • Single-family home construction fell 8.4% in January.
  • Annual homebuilding rate now at 993,000 units, reflecting weaker demand.

8. Gold Prices Volatility 🏆

  • Spot gold fell 0.2% to $2,928.49 per ounce after touching a record high of $2,946.85.
  • US gold futures settled 0.4% lower at $2,936.10.

What to Expect for Indian Markets?

📌 Weak opening likely as Gift Nifty signals a decline.
📌 Market to remain range-bound, tracking global cues, Fed policies, and geopolitical risks.
📌 Stock-specific action expected in IT, banking, and metal sectors.

📢 Stay tuned for market updates and stock recommendations throughout the trading day!


Tags:

StockMarket, Sensex, Nifty, GiftNifty, USFed, ChinaEconomy, WallStreet, RBI, GoldPrices, IndianMarkets, TradingUpdates

Misha Bhatia

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