Sensex, Nifty set to open higher today; GIFT Nifty futures up 0.72 per cent
Even as the sentiment turned away from the interest rate expectations, Indian equities are set to start higher given positive Asian markets.
Share Market, NSE Nifty, BSE Sensex, Global Markets; Wall Street, Asian Shares: Domestic equity benchmarks Sensex and Nifty will likely start today's (September 23) session in a positive zone. At around 8:12am, GIFT Nifty futures, an early indicator of the 50-share index, were up 184.75 points or 0.72 per cent at 25,952.5 ahead of the opening bell on Dalal Street.
Asian markets
Asian markets mostly traded in the green as the markets cheered lower interest rate.
China's markets also saw gains as the People's Bank of China resorted to a cut in short-term lending rate.
Meanwhile, MSCI Asia ex-Japan index traded with marginal gains of 0.21 per cent.
Trading volume in the region remained thin amid a market holiday in Japan.
How did US and Indian markets closed in Friday's session?
NASDAQ and S&P 500 indices ended in the red in the previous session, while Dow Jones ended with marginal gains of 0.09 per cent. Nifty 50, however, ended at a record high near 25,800 levels, while Sensex ended 1.63 per cent or 1,359.51 points higher at 84,544.31.
Nevertheless. the US stock index futures surged in Asian trade.
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