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HomeBusinessStock Market Updates: GIFT Nifty Signals Positive Start; Asian Markets Trade Higher

Stock Market Updates: GIFT Nifty Signals Positive Start; Asian Markets Trade Higher


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Indian equity benchmark indices are likely to witness a positive start on Wednesday amid favourable global cues.

Stock Market Live Updates: Indian Share Market News, Nifty 50 And Sensex Today

Stock Market Live Updates: Indian Share Market News, Nifty 50 And Sensex Today

Sensex Today: Indian equity benchmark indices are likely to witness a positive start on Wednesday amid favourable global cues.

At 06:50 AM, the GIFT Nifty index futures were trading at 26,239 levels, up by 36 points from previous close.

Global Cues

Asia-Pacific markets were trading mixed on Wednesday, with several indexes set to close early in the lieu of the Christmas Eve holiday. Last checked, Japan’s Nikkei 225 index was up 0.36 per cent, and South Korea’s KOSPI index was up 0.42 per cent. Australia’s S&P ASX 200 was down 0.58 per cent.

US equity markets settled higher for the fourth consecutive session on Tuesday, with the S&P 500 setting a fresh closing record, after delayed third-quarter GDP number came in better-than-expected. The US economy grew at a 4.3 per cent annual rate during the third quarter. Overnight, the S&P 500 index rose 0.46 per cent, the Nasdaq Composite rose 0.57 per cent, and the Dow Jones Industrial Average 0.16 per cent.

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