India’s benchmark indices Nifty50 and Sensex are expected to take cues today from November industrial and manufacturing output data, weak global signals, and ongoing primary market activity.
At 8:55 AM,
GIFT Nifty futures were down 35.2 points at 25,922, pointing to a muted start for domestic equities.
On Monday, the BSE Sensex closed at 84,695.54, declining 345.91 points or 0.41 per cent, while the NSE Nifty50 ended 100.20 points lower, or 0.38 per cent, at 25,942.10.
Global cues
Asia-Pacific markets mostly traded in the red on Tuesday, mirroring the extended technology-led sell-off on Wall Street amid concerns over an AI bubble. Nvidia slipped more than 1 per cent overnight, while Palantir, Meta Platforms and Oracle also registered losses.
Japan’s Nikkei 225 fell 0.49 per cent and the Topix eased 0.36 per cent. South Korea’s Kospi declined 0.41 per cent, while Australia’s S&P/ASX 200 bucked the trend, inching up 0.19 per cent.
US futures were flat in early Asian hours after the S&P 500 dropped 0.35 per cent, the Nasdaq slipped 0.5 per cent and the Dow Jones fell 0.51 per cent overnight.
Investors are also awaiting US home price data and the release of minutes from the Federal Reserve’s December policy meeting later on Tuesday.
