Indian equity benchmark indices BSE Sensex and Nifty 50 opened in the red on Tuesday
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Sensex Today: Indian equity benchmark indices BSE Sensex and Nifty 50 opened in the red on Tuesday, as investors awaited a slew of data releases from around the world, along with key policy decision set to be announced by the US Federal Reserve on Wednesday.
At opening bell, the BSE Senesex was down 20 points, or 0.02 per cent, at 82,968, while the Nifty 50 was at 25,382, down 0.01 per cent.
Global Cues
Stocks in other asian markets wobbled on Tuesday while the dollar and US Treasury yields came under pressure, with just a day to go before the expected start of the Federal Reserve’s easing cycle that could see policymakers deliver an outsized rate cut.
Extended holidays in China and South Korea made for thin trading conditions, with investors focused on Wednesday’s Fed decision as odds have crept up in the past week in favour of a 50-basis-point rate cut.
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Japan’s Nikkei fell 0.6 per cent, dragged by technology names as they tracked a decline on Wall Street.
US stock futures were mixed. S&P 500 futures and Nasdaq futures fell 0.12 per cent and 0.05 per cent, respectively, while EUROSTOXX 50 futures and FTSE futures tacked on more than 0.3 per cent each.
