Key Points
Indian stock market: The domestic equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Thursday amid weak global market cues..
Asian markets traded lower, while the US stocks ended in the red overnight dragged by higher Treasury yields and concern over the timing and scale of possible interest rate cuts from the US Federal Reserve..
On Wednesday, the Indian stock market benchmark indices ended significantly lower, extending their losing streak for the fourth consecutive session, amid weak global cues..
The weak global cues are further adding to the nervousness and thus markets are likely to remain weak in near future," saidSiddhartha Khemka, Head - Retail Research, Motilal Oswal Financial Services Ltd..
Gift Nifty was trading around 22,660 level, a discount of nearly 70 points from the Nifty futures previous close, indicating a negative start for the Indian stock market indices...
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