"Indian Stock Market: Key Updates After the Weekend - Sensex, Nifty, US Dollar & More"

 

Indian stock markets are expected to open lower on Monday, following mixed signals from global markets. Asian stocks traded mostly flat, while US markets closed down on Friday, primarily due to a dip in tech stocks.

 

Investors will focus on several key factors this week, including Q3 results, the Union Budget 2025, expiry of January derivatives, the US Federal Reserve’s interest rate decision, and macroeconomic data from both domestic and global sources. Crude oil trends and foreign fund inflows will also be monitored closely.

 

On Friday, Indian stocks saw a dip after a brief recovery rally. The Sensex fell by 329.92 points (0.43%), closing at 76,190.46, and the Nifty dropped 113.15 points (0.49%), settling at 23,092.20.

 

Global Market Cues for Sensex Today:

 

Asian Markets: Trading was flat ahead of crucial data from China. Japan’s Nikkei saw a slight rise of 0.03%, while Hong Kong’s Hang Seng indicated a positive opening. Taiwan and South Korea remained closed for holidays.

 

Gift Nifty: Trading at around 22,970, showing a gap-down opening of about 143 points from Nifty futures’ previous close.

 

US Markets: Wall Street closed lower on Friday, dragged down by a decline in tech stocks. The Dow Jones dropped 0.32%, the S&P 500 fell 0.29%, and the Nasdaq lost 0.50%. Nvidia, Microsoft, and Tesla were among the biggest losers.

 

 

Other Key Economic Data:

 

US Home Sales: US home sales hit a 10-month high in December, rising 2.2% to an annual rate of 4.24 million units, surpassing expectations.

 

US Consumer Sentiment: Consumer sentiment in the US weakened in January, falling for the first time in six months, with the index dropping to 71.1.