Sensex, Nifty likely to open higher; GIFT Nifty futures up over 50 points

Share Market Today, October 24, 2024: Domestic equity benchmarks Sensex and Nifty are likely to open Thursday's (October 24) session in positive territory. At around 7:40 am, GIFT Nifty futures, an early indicator of the 50-share index, were up 54.85 points or 0.22 per cent at 24,537.50 ahead of the opening bell on Dalal Street.

Global Markets Update | US Stock Markets, Asian Share Market

US Stock Markets

In US Markets - Wall Street - indexes closed in a negative zone amid selling pressure in consumer discretionary and IT sector stock, including Nvidia; down 2,81 per cent, Apple; down 2.16 per cent, Meta Platforms; down 3.15 per cent, and Amazon; down 2.63 per cent. The Nasdaq index closed lower by 1.60 per cent, and the S&P 500 fell 0.92 per cent. Meanwhile, the real estate and utility sectors were the top gainers.

Asian Markets News

Asia stocks showed mixed performance, Nikkei 225 was up 0.19 per cent at 38,177.38, and the Hang Seng index was down over 1 per cent.

Global Markets Update | Here's how the major global indices faired:

• Nasdaq ended lower at 18,276.65, down 296.47 points or 1.60 per cent
• S&P 500 fell 53.78 points or 0.92 per cent at 5,797.42
• Dow Jones down 409.94 or 0.96 per cent at 42,514.95
• Japan's Nikkei 225 was up 76.92 points or 0.20 per cent at 38,181.78
• Hong Kong's Hang Seng was down 219 points or 1.06 per cent at 20,540.32

Previous session summary

On Wednesday, October 23, 2024, both domestic indexes ended lower, Sensex closed at 80,081.98, up 138.74 points or 0.17 per cent and the 50-share index ended at 24,435.50, up 36.60 pts or 0.15 per cent. Here's a look at the top gainers and losers of the session:

Top losers

Top gainers

What should investors/traders track today?

Several company stocks are set to focus in today's session, such as Infosys, Hindustan Unilever Ltd (HUL), Birlasoft, and Sona BLW Precision Forgings. Here's a list of these stocks: