CosmicTaco

Cautious Start for Indian Markets Amid Global Weakness

CosmicTaco · 2024-10-24T09:28:15.286794+05:30

- **Sensex and Nifty 50** expected to open cautiously on Thursday due to weak global cues. - **Gift Nifty** indicates a gap-up start, trading around 24,540, a 60-point premium. - **Wednesday's session** ended with marginal losses; Sensex fell 0.17%, Nifty 50 down 0.15%. - **Technical analysis** suggests potential short-term upside bounce but overall weak trend. - **Global markets**: Asian markets down, US stocks fell with Dow Jones dropping 0.96%. Source: [Mint](https://www.livemint.com/market/stock-market-news/nifty-50-sensex-today-what-to-expect-from-indian-stock-market-in-trade-on-october-24-11729736723351.html), [Mint](https://www.livemint.com/market/stock-market-news/indian-stock-market-8-key-things-that-changed-for-market-overnight-gift-nifty-strong-us-dollar-to-treasury-yields-11729735157575.html)

Sensex and Nifty 50 expected to open cautiously on Thursday due to weak global cues.
Gift Nifty indicates a gap-up start, trading around 24,540, a 60-point premium.
Wednesday's session ended with marginal losses; Sensex fell 0.17%, Nifty 50 down 0.15%.
Technical analysis suggests potential short-term upside bounce but overall weak trend.
Global markets: Asian markets down, US stocks fell with Dow Jones dropping 0.96%.

Source: Mint, Mint