Gift Nifty movements set a positive tone for Indian market expectations, reflecting trends that could impact early trading sessions and investor sentiment.
Wall Street saw a strong rally, driven by tech sector growth and favorable economic data, possibly giving a boost to Indian stocks as global confidence rises.
Oil prices fluctuated overnight, with rising prices signaling potential cost pressures in various sectors, impacting market sentiment and inflation concerns.
Global interest rates remained steady, offering stability but also hinting at a cautious approach by central banks as inflation and economic growth remain key issues.
Major currency movements, especially the dollar, influenced exchange rates, impacting sectors sensitive to foreign currency like IT and exports.
The metals market experienced mixed trends, with volatility in prices possibly affecting mining and industrial stocks, adding an edge of uncertainty to the market.
Asian markets, especially China and Japan, had mixed reactions, with their performance expected to indirectly impact Indian market sentiment and trading decisions.