GIFT Nifty up 45 points; here's the trading setup for today's session

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Key Points

"Global cues are muted as most of the Asian markets are closed for this week on account of Lunar New Year holidays, which kept global investors on side-line..

Overall we expect the market to consolidate with negative bias in the near term," said Siddhartha Khemka, Head - Retail Research, Motilal Oswal.Shutterstock.comIndia's retail inflation eased to a three-month low of 5.10% in January from 5.69% in the previous month, helped by a slower rise in prices of some food items...

Domestic equities opened positive on the first day of the week but soon witnessed selling pressure amid muted global cues..

The Nasdaq slipped on Monday afternoon after briefly surpassing its record closing high from November 2021, while the Dow rose modestly ahead of two U.S. inflation reports this week that could influence Federal Reserve policy...

Japanese stocks rose as trading resumed after a holiday while US equity futures edged lower ahead of inflation data due later Tuesday...

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