Indian Stock Market Global Changes Impacting Sensex and Nifty

Sensex and Nifty :

The Indian stock market is likely to begin flat on Monday, with global cues offering mixed signals. Gift Nifty was trading near the 25,587 mark, just two points below the previous Nifty futures close, suggesting a cautious start for investors.

Sensex and Nifty :

Asian markets showed a mostly positive trend, while US stock futures advanced as lawmakers in the US neared an agreement to end the prolonged government shutdown. Japan’s Nikkei 225 gained 0.63%, and South Korea’s Kospi surged 2.01%, while Hong Kong’s Hang Seng index pointed to a weaker opening.

On Friday, both Sensex and Nifty closed lower for the third day in a row. The Sensex dropped 94.73 points to 83,216.28, and the Nifty fell 17.40 points to 25,492.30. Analysts suggest that the Indian market may remain within a narrow range this week due to mixed global signals, though optimism around corporate earnings and India-US trade developments could support an upward move.

Key market drivers this week include Q2 results, inflation data, gold prices, IPO activity, and updates on the India-US trade deal. Foreign institutional investors (FIIs) bought Indian shares worth ₹4,581.34 crore on Friday, while domestic investors purchased ₹6,674.77 crore worth of stocks.

In the US, the stock market ended mixed on Friday. The Dow Jones rose 0.16%, and the S&P 500 gained 0.13%, while the Nasdaq slipped 0.21%. Tech stocks showed mixed movements — Tesla fell 3.7%, Intel rose 2.4%, and Expedia jumped 17.6%.

Meanwhile, the US Senate is close to passing a bill to reopen the government after a 40-day shutdown. In Asia, the Bank of Japan indicated that it may consider raising interest rates soon. China’s consumer inflation rose by 0.2% in October, signaling a mild economic recovery.

Gold prices climbed 0.4% to $4,016.92 an ounce, while crude oil prices also increased slightly. The US dollar remained steady, reflecting concerns about global economic growth.

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