Stock Market Updates: GIFT Nifty Predicts A Flat Start Amid Mixed Cues; Nikkei 225 Hits 58k

Sensex Today: Indian benchmark indices Sensex and Nifty are set for a muted start on Thursday, tracking mixed global signals.

At around 6:45 AM, GIFT Nifty was hovering near 25,998, up 25.50 points or 0.10 per cent, indicating a flat-to-positive opening for domestic equities.

Global Cues

Asian markets traded higher on Thursday, led by Japan. The Nikkei 225 surged past the 58,000 mark for the first time, extending its post-election rally amid improving confidence in domestic political stability and the ruling government’s economic policies.

At last check, Japan’s Nikkei 225 was up 0.5 per cent, South Korea’s KOSPI gained 1.9 per cent, and Australia’s S&P/ASX 200 advanced 0.6 per cent.

In the US, major indices ended slightly lower on Wednesday as investors

assessed a flurry of corporate earnings and a stronger-than-expected January jobs report. The S&P 500 finished flat, while the Nasdaq Composite slipped 0.16 per cent and the Dow Jones Industrial Average declined 0.13 per cent.