Indian shares are expected to open a bit higher on Tuesday, helped by gains in Asian markets and strong US stock moves.
Market Outlook
Investors anticipate a modest rise in the Sensex and Nifty as global sentiment improves.
Global Cues Supporting Indian Stocks
- Japan’s Nikkei jumped about 3.4% and South Korea’s Kospi gained 0.6%.
- US indices closed at record highs, with the S&P 500 and Dow Jones up.
- Positive talks on a US‑India trade deal lifted local sentiment.
Domestic Highlights
- Sensex closed Monday at 83,878, up 0.36%.
- Nifty 50 ended at 25,790, up 0.42%.
- Retail inflation rose to a three‑month high of 1.33% in December.
- Direct tax collections jumped 8.8% YoY to ₹18.37 lakh crore.
- Gold and silver prices surged on the MCX, nearing record levels.
Other Market Movements
- Crude oil prices climbed after the US announced a 25% tariff on goods from countries dealing with Iran.
- TCS reported an 11.7% fall in quarterly profit but a modest 2% rise in revenue.
- US Federal Reserve officials said there is no immediate pressure to change interest rates.
Investor Takeaway
With mixed cues and higher volatility, it’s wise to pick stocks carefully and keep risk under control.
Remember, this is just an overview, not a prediction. Do your own research or talk to a certified advisor before making any investment decisions.