Indian stock markets were higher at open on Tuesday, amid firm global cues.
Sensex Today: Indian stock markets were higher at open on Tuesday, amid firm global cues. At pre-open, the BSE Sensex was higher by 438.71 points, or 0.59 per cent, at 74,608.66, and the Nifty50 was at 22,662.25, ahead by 153.50 points, or 0.68 per cent.
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Global Cues
As of 9:20 a.m. Tokyo time, S&P 500 futures showed little movement, reflecting a steady outlook in the U.S. stock market. Meanwhile, Asian and European futures showed positive momentum. Hang Seng futures saw a notable rise of 2.1%, signaling strength in Hong Kong’s equity markets. In Japan, the Topix index gained 1.3%, reflecting optimism in the country’s markets. Australia’s S&P/ASX 200 also rose by 0.6%, indicating a positive start for the Australian stock market. Additionally, Euro Stoxx 50 futures increased by 0.4%, suggesting that European markets could see a positive opening. The broad upward movement across various futures markets indicates a cautious yet optimistic global outlook, with investors looking ahead to economic developments and earnings reports in the coming days.
