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Domestic equities may continue to trade cautiously amid lingering uncertainty over a trade deal with the US
Sensex Today
Sensex Today: Domestic equities may continue to trade cautiously amid lingering uncertainty over a trade deal with the US and sustained selling pressure from foreign portfolio investors (FPIs).
The GIFT Nifty was down 0.2 per cent at 8:15 AM, signalling a muted start for domestic stocks.
Domestic benchmarks are likely to track cues from their Asian peers as stocks decline ahead of the tariff deadline this week.
Global Cues
MSCI Asia Pacific Index down 0.68 per cent. Japan’s Nikkei fell 0.78 per cent, while South Korea’s Kospi was lower by 0.02 per cent. Meanwhile, the dollar steadied on Tuesday after climbing the most since May in the previous session as the US signed a trade deal with the European Union (EU).
Overnight, major Wall Street indices ended mixed, with the S&P 500 index up 0.02 per cent and the Dow Jones down 0.14 per cent. The week is expected to remain volatile with the inflation, trade, and economic data coming along with the Federal Reserve’s interest rate decision.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
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