Sensex Nifty Today | Stock Market Live Updates: Indian equities look poised for a cheerful start today, as Gift Nifty trades 0.59% higher, indicating an early optimism for Sensex and Nifty. The upbeat mood comes on the back of strong global cues with Wall Street extended its winning streak for a third session, led by tech stocks. The key Asian indices opened higher tracking the US rally.
Here are key factors markets will look at Friday’s trade-
Overnight US market: The US stock market ended on a high note, with technology stocks driving the rally. The Nasdaq Composite surged by 2.74%, closing just over 17,000, while the S&P 500 saw a solid 2.03% gain, reaching above 5,480. Even the Dow Jones, despite lagging the other indices, managed a respectable 1.23% increase, crossing 40,000.
Dollar Index: The US Dollar Index (DXY), tracking the dollar’s strength against six major currencies, surgefd 0.19% to 99.57 on Friday morning.
Earning to watch: On April 25, several major companies will report their quarterly earnings, including Reliance Industries, Maruti Suzuki, and RBL Bank. Investors will also watch for updates from Tata Technologies, L&T Finance, Hindustan Zinc, and Dr Lal PathLabs, along with key players like Force Motors, Mahindra Lifespace Developers, and Motilal Oswal Financial Services.