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    Stock Market Updates: GIFT Nifty Indicates Flat Start; Infosys Buyback, Urban Company IPO In Focus | Markets News

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    Indian equities are likely to open on a muted note on Thursday, tracking mixed global cues

    Sensex Today

    Sensex Today

    Sensex Today: Indian equities are likely to open on a muted note on Thursday, tracking mixed global cues. At last check, GIFT Nifty futures were up 9 points at 25,081.

    Global Cues

    In Asia, markets traded mixed as investors assessed China’s August inflation print. Mainland China’s CSI 300 edged up 0.13%, while Hong Kong’s Hang Seng slipped 1%. Consumer prices in China fell 0.4% year-on-year in August, steeper than the 0.2% drop forecast by economists polled by Reuters. The producer price index also declined 2.9% Y-o-Y, though easing from a 3.6% fall in July.

    Elsewhere, South Korea’s KOSPI gained 0.57% after hitting a record high, and Japan’s Nikkei climbed 0.61%.

    On Wall Street, the S&P 500 closed at a record high, rising 0.3% on the back of a 36% surge in Oracle shares after strong cloud guidance. The Nasdaq ended marginally higher, while the Dow Jones fell 0.48%.

    Investors in the US now await the release of August CPI data and weekly jobless claims, both of which are expected to provide fresh cues on the Federal Reserve’s policy outlook ahead of next week’s rate decision.

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    Aparna Deb

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More

    Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More

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