“8 key changes for Indian market overnight”

“8 key changes for Indian market overnight”

Indian stock market: The Indian stock market indices had a bad start as the Gift Nifty was trading at a level of about 24,420, down almost 41 points from the previous close of the Nifty futures.

 

Indian stock market: Due to the ongoing dispute between India and Pakistan as well as conflicting global market signals, the domestic equities market indices, the Sensex and Nifty 50, are anticipated to open lower on Thursday.

The US stock market concluded the day higher following the US Federal Reserve’s policy, but Asian markets saw mixed trading.

Despite growing tensions between India and Pakistan, the Indian stock market closed Tuesday’s trading day higher.

The Nifty 50 closed 34.80 points, or 0.14%, higher at 24,414.40, while the Sensex increased 105.71 points, or 0.13%, to conclude at 80,746.78.

It is anticipated that domestic issues will keep causing volatility. However, despite geopolitical worries, consistent FII purchasing and stable global cues are assisting in maintaining a delicate market equilibrium, according to Ajit Mishra, SVP, Research, Religare Broking Ltd.

Also Read : nifty and sensex today india : May 07, 2025

Key worldwide market indicators for the Sensex today are as follows:

 

Markets in Asia :
Following Wall Street’s overnight surge following the US Fed’s announcement, Asian markets saw mixed trading on Thursday. The Nikkei 225 in Japan increased by 0.28%,but the Topix remained unchanged. The Kosdaq surged 0.61%,while the South Korean stock exchange’s Kospi rose 0.36%. Futures for Hong Kong’s Hang Seng index pointed to a stronger opening.

Gift Nifty Today The Indian stock market indices had a rough start as the Gift Nifty was trading at a level of 24,420,down around 41 points from the previous closing of the Nifty futures.

Following the Federal Reserve’s decision to leave interest rates unchanged, the US stock market closed Wednesday’s trading session higher.

The S&P 500 increased 24.37 points, or 0.43%, to 5,631.28, while the Dow Jones Industrial Average increased 284.97 points, or 0.70%, to 41,113.97. At 17,738.16,the Nasdaq Composite ended the day 48.50 points,or 0.27%,higher.

After a Bloomberg story revealed that iPhone manufacturer Apple was considering integrating artificial intelligence search capabilities into its web browser,Alphabet’s stock price fell 7.51%. The price of Apple’s stock dropped 1.1%.

While shares of Advanced Micro Devices increased by 1.76%,Nvidia’s stock price increased by 3.10%. Disney’s stock increased 10.8%,Uber’s stock dropped 2.1%,and CrowdStrike’s stock declined 5.3%.

 

US Federal Reserve Policy :
The US Federal Reserve made the decision to maintain the main benchmark interest rates at 4.25% to 4.5%. According to Reuters, Fed Chair Jerome Powell admitted that uncertainty has made individuals and businesses less optimistic, but the economy is still doing well. He added that while rate decreases are feasible if backed by economic evidence, the Fed is unable to undertake proactive policy adjustments until further clarification is obtained.

US-China Trade Discussions :
In order to open more meaningful trade talks with Beijing,US President Donald Trump stated that he is not willing to reduce tariffs on China in advance.

Conflict between India and Pakistan :
Shehbaz Sharif,the prime minister of Pakistan,declared that his nation would strike back after the Indian military destroyed nine terrorist sites in Pakistan and the PoK as part of “Operation Sindoor.“Sharif asserted that Pakistan will exact revenge and that his military is capable of doing so.

Prices of Gold :
Following the US Federal Reserve’s warning that growing inflation and labor market uncertainties were escalating economic uncertainty,gold prices increased. While US gold futures remained stable at $3,392.00,the spot price of gold increased by 0.6% to $3,384.99 an ounce.

Prices of Crude Oil :
After dropping more than $1 in the previous session,crude oil prices stabilized. US West Texas Intermediate crude was up 0.1% to $58.12 a barrel,while Brent crude futures remained steady at $61.12 a barrel.

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