Stock Market, Nifty 50, Sensex Today Live Updates: Indian equity benchmarks Nifty50 and Sensex are set for a cautious start today as investors track the beginning of the Reserve Bank of India’s Monetary Policy Committee meeting, India’s final November Services and Composite PMI data, primary market activity, and supportive global cues.
At 7:50 am, GIFT Nifty futures were trading 20 points lower at 26,193, signalling a flat-to-negative opening.
On Tuesday, the BSE Sensex closed at 85,138.27, down 503.63 points or 0.59%, while the NSE Nifty50 settled at 26,032.20, lower by 143.55 points or 0.55%.
Global cues
Asia-Pacific markets traded mostly higher on Wednesday, following a tech-led rebound on Wall Street and a sharp recovery in cryptocurrencies.
Japan’s Nikkei 225 gained 0.76%, while the broader Topix slipped 0.31%.
In South Korea, the Kospi advanced 1.06%. Revised third-quarter GDP data showed the economy expanded 1.8% year-on-year, slightly above the earlier estimate of 1.7%, as per the central bank.
Australia’s S&P/ASX 200 rose 0.32%, even as third-quarter GDP growth missed expectations. The economy grew 2.1% year-on-year—its fastest pace since Q3 2023—but fell short of the 2.2% forecast in a Reuters poll.
US stock futures were steady in early Asian trade after overnight gains on Wall Street, where the Dow rose 0.39%, the S&P 500 added 0.25%, and the Nasdaq climbed 0.59%.
Investors will also track US September trade data, US November global composite and services PMI numbers, and a speech by Christine Lagarde, President of the European Central Bank.
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