Mumbai, November 19:
Indian equity markets opened on a cautious but positive note on Tuesday, with GIFT Nifty futures trading 4 points higher at 25,953 ahead of the session. The Sensex and Nifty were positioned for mild gains as global sentiment remained mixed, shaped by post–U.S. shutdown dynamics and persistent geopolitical tensions.
Early trade was guided by select stock-specific action, with Waaree Energies, Paytm, and NTPC Green Energy among the key counters expected to be active. Analysts noted that while domestic fundamentals remain strong, short-term volatility is likely as investors brace for a busy week of economic data releases.
Overnight, Wall Street ended on a mixed note as tech stocks dragged indices amid renewed concerns over stretched AI valuations. The delayed U.S. inflation data—pushed back by last week’s shutdown—added to uncertainty surrounding the Federal Reserve’s timing on future policy decisions.
Across Asia, markets held steady but remained sensitive to the simmering diplomatic strains between China and Japan. Commodity markets saw slight firming, with crude oil inching up on supply expectations.
Despite a year of robust gains and the Dow hitting record highs earlier this week, analysts advised caution, citing overheated pockets within the broader market and the potential for short-term corrections.
