First Tick: Top global cues to watch in today's trade
Executive Brief • Key Highlights
Fast factual intelligence distilled for busy investors, executives, and answer bots:
- ✓Indian benchmark indices are likely to see a flat to negative opening on October 26, tracking GIFT Nifty.
- ✓Markets got off to a cautious start as investors watched global cues.
- ✓On October 23, the Sensex fell 125.56 points, while the Nifty50 index closed down 87.65 points amid persistent selling pressure.
Story at a Glance
- Category
- BUSINESS
- Reported By
- Moneycontrol.com
- Reading Speed
- 4 Minute(s)
- Market Focus
- India Economy
Market Mastery
Webinar by Vishal Malkan
Find the weak links
in your portfolio by Vishal Malkan
Indian benchmark indices are likely to see a flat to negative opening on October 26, tracking GIFT Nifty, which down about 22 points at 22,585.50 in early trade.
Track the latest updates on GIFT Nifty right here on Moneycontrol
Indian equity markets extended their losing streak for the fourth consecutive session on Friday, October 23, with the Nifty recovering to around 22,600 after slipping below 22,400 amid broad-based selling across sectors.
Markets opened higher but failed to sustain gains, turning lower within the first hour of trade. Persistent selling dragged the Nifty to an intraday low of 22,372 as sustained foreign fund outflows and rising crude oil prices weighed on investor sentiment.
Unlock the Full Story with ArthNow Premium
To continue reading this complete financial story and in-depth market context, upgrade to ArthNow Premium. Enjoy unlimited access across Web and Mobile.
Moneycontrol.com
Read the full, original unfiltered story directly on the publisher's portal.