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After Wall Street's record-breaking session overnight, Indian markets are positioned for a cautious start with GIFT Nifty indicating modest gains.
The market opened with cautious optimism, and sentiments held firm through the day, largely aligning with morning expectations. The Nifty 50 traded within a consolidated range, facing resistance near the 24,900 mark as anticipated.
Nasdaq closed at a record high; Broadcom led gains as traders priced Fed cuts this month. Stoxx 600 green; Nikkei firm this morning
Overnight, global markets showed a mixed sentiment, with US markets closing unevenly as the Dow registered a fall while the S&P 500 rose, buoyed by a favorable antitrust ruling for Alphabet.
Markets are heating up on fresh catalysts and under-the-radar moves. The Nifty is holding above 25,000 after a six-day rally—but market wisdom suggests calm before a Powell storm.