Stock Market Updates: Sensex Rises 73 Points, Nifty Holds 24,950 In Pre-Open
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The movement in benchmark indices, Nifty and Sensex, is expected to remain cautious on Tuesday
Sensex Today: The movement in benchmark indices, Nifty and Sensex, is expected to remain cautious on Tuesday, weighed down by a host of global and domestic factors. Key events influencing investor sentiment include the Bank of Japan's interest rate decision, escalating Israel-Iran tensions, the commencement of the US Federal Reserve's two-day policy meeting, crude oil price fluctuations, foreign institutional flows, and broader global market cues.
As of 8:15 AM, GIFT Nifty futures were trading 40 points lower at 24,956, suggesting a soft start for Indian equities.
Global Cues
Across the Asia-Pacific region, markets largely moved higher as geopolitical concerns eased slightly. Reports indicated that Tehran may be open to diplomatic negotiations, raising hopes of a de-escalation in the Israel-Iran conflict. This optimism supported regional sentiment. Japan's Nikkei gained 0.35%, while the broader Topix was flat with a slight positive tilt. South Korea's Kospi surged 1.40%, and Australia's ASX 200 hovered near the flat line.
Meanwhile, investors are closely watching the Bank of Japan, which is expected to maintain its key interest rate at 0.5% amid global trade headwinds. The central bank is scheduled to wrap up its two-day policy meeting later in the day.
Overall, Indian markets may open lower but will likely take cues from global developments and policy signals from central banks.
First Published:
June 17, 2025, 09:09 IST
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