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Indian equity benchmarks, Sensex and Nifty50, are likely to open on a positive note today
Sensex Today
Stock Market Today: Indian equity benchmarks, Sensex and Nifty50, are likely to open on a positive note today, buoyed by a mix of global developments and domestic cues. The final leg of Q4 earnings, US President Trump’s decision to postpone tariff hikes on the European Union, institutional flows, and global market trends will guide investor sentiment through the session.
As of 6:35 AM, GIFT Nifty futures were trading 42 points higher at 24,922, indicating a firm start for the domestic indices.
Global Market
Asian markets advanced in early trade after President Trump extended the deadline for implementing 50% tariffs on EU imports to July 9, easing trade tensions. Japan’s Nikkei rose 0.7%, while the broader Topix added 0.53%. South Korea’s Kospi gained 0.7%, and Australia’s ASX 200 hovered around the flat line.
In the US, stock futures edged up during early Asian trading hours, although US equity markets will remain closed today in observance of Memorial Day.
On Friday, US indices ended lower across the board. The S&P 500 slipped 0.67%, the Nasdaq Composite declined 1%, and the Dow Jones Industrial Average fell 0.61%.
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