Share Market Today: Sensex, Nifty, likely to open in red; GIFT Nifty futures edge lower

Share Market Today, Global Markets; US Stocks, Asian Shares: Headline indices Sensex and Nifty are likely to open today’s session in negative territory. As of 7:20 am, GIFT Nifty futures, an early indicator of the 50-share index, were down 37.80 points or 0.15 per cent at 25,011 ahead of the opening bell on Dalal Street.

Global Stock Markets

In the US, Wall Street closed in green sphere, with the Dow Jones reaching a record high. Both the Nasdaq and S&P 500 also ended higher.

Asian Share Markets

Asian shares showed mixed performance. Japan's Nikkei 225 fell over 150 points, while Hong Kong's Hang Seng surged over 300 points.

Here's how the major global indices perform:

• Nasdaq: 18,367.08, up 51.49 points or 0.28 per cent
• S&P 500: 5,842.47, up 27.21 points or 0.47 per cent
• Japan's Nikkei 225: 39,028.34, down 151.91 points or 0.39 per cent
• South Korea's KOSPI: 2,608.42, down 1.94 points or 0.07 per cent
• Hong Kong's Hang Seng: 20,609.92, up 323.07 points or 1.57 per cent
• Singapore's Strait Times: 3,616.56, up 25.94 points or 0.72 per cent

Previous Session Summary

In the last session (October 16), domestic indices ended lower, with Sensex closing at 81,501.36, down 318.76 points or 0.39 per cent, and Nifty 50 at 24,971.30, down 86.05 points or 0.34 per cent. This decline was driven by buying and selling pressures in the IT and auto sectors, affecting stocks like Infosys, Mahindra & Mahindra, and Hero MotoCorp. Top gainers included HDFC Life, Dr. Reddy's Laboratories, HDFC Bank, Bajaj Auto, and Bharti Airtel.

What should investors/traders track today?

Here's a list of stocks that are set to be the focus in today's session:

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