Sensex Today: Indian equity markets are likely to start the week’s last trading session on a lacklustre note, weighed down by mixed global cues. GIFT Nifty futures also hinted at a subdued start for the benchmark
Indian equity indices.
At 06:35 AM on Friday, GIFT Nifty futures were trading 22 points higher at 26,007.
Investors await US Supreme Court ruling on the legality of President Donald Trump’s sweeping global tariffs.
On the data front, investors eye Fed balance sheet data, non-farm payroll data, and unemployment data from the US, along with inflation data from China. Back home, D-Street investors await bank loan growth data and foreign exchange reserve data.
Global Cues
Markets in the Asia-Pacific traded mixed on Friday as investors awaited the release of China’s inflation data later in the day. China’s consumer price inflation for December is expected to rise to 0.8 per cent year on year, according to economists polled by Reuters, up from 0.7 per cent in November. Japan’s benchmark Nikkei 225 gained 0.54 per cent, South Korea’s Kospi fell 0.41 per cent, while Australia’s S&P/ASX 200 edged slightly below the flatline.
US equity futures, meanwhile, were little changed.
Overnight in the US, Wall Street’s major indices settled on a mixed note. The Dow Jones Industrial Average rose 0.55 per cent as investors rotated away from technology stocks, while the Nasdaq Composite fell 0.44 per cent. The S&P 500 ended marginally higher, adding just 0.01 per cent.
