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The Nifty index experienced a slight decline for the second consecutive session, ending nearly flat due to investor profit-booking after a strong rally. Global markets showed mixed sentiment, with U.S. stocks closing lower while Asian markets saw some gains. The GIFT Nifty signals a negative opening for the Indian market.
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Indian markets opened lower today. US stocks declined as Treasury yields climbed. Manufacturing data revealed tariff impacts. Investors are keenly watching the Federal Reserve’s upcoming policy meeting. A rate cut is widely expected. The Fed’s decision will guide market direction. Investors await key inflation data. This will shape future economic outlook.
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Gold prices dipped slightly in early Asian trading after reaching a six-week high, as investors took profits ahead of key Federal Reserve remarks and economic data. Market participants are closely watching for interest rate cut cues, with U.S. rate futures indicating a high probability of a December reduction.
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