GIFT Nifty futures slip 160 pts as inflation data, may be a negative opening in market

Gift Nifty Today: The stock market saw a bumper jump on Monday. Sensex and Nifty closed with a strong gain of about 4 percent. The BSE benchmark Sensex closed at 82,430 with a gain of 2,975.43 points or 3.74%, while the Nifty closed at 24,924.70, up 916.71 points or 3.82%. This boom in the market has come after the announcement of India-Pakistan ceasefire on Saturday. Apart from this, there were many important reasons.

Investors' eyes on CPI data and Q4 results

On the other hand, on Tuesday, investors will keep an eye on the release of key inflation data like CPI data and US core CPI data. Apart from this, investors are keeping an eye on the March 2025 quarterly results of other big companies including Bharti Airtel, Tata Motors.

In such a situation, these stocks will be in focus today. Experts say that the Indian market is expected to continue to rise due to reduction in geo-political tensions, trade deal development and better signs of economy stability.

Gift Nifty indicated a negative start

However, Gift Nifty has indicated a negative start. On Tuesday, Gift Nifty was trading at 24,915, down 160 points or 0.64 per cent on NSE IX, indicating that the Indian stock market may start weak or with a decline on Tuesday.

How was the US market?

On Monday, the US stock market registered a great jump. In fact, after the deal for temporary reduction in tariffs between the US and China, the S&P 500 index reached its highest level since early March.

The Dow Jones Industrial Average rose 1,160.72 points, or 2.81%, to 42,410.10, while the S&P 500 gained 184.28 points, or 3.26%, to close at 5,844.19. The Nasdaq Composite rose 779.43 points, or 4.35%, to close at 18,708.34.

Also Read: YES Bank Shares Jump 9% as SMBC Buys Stake for Rs.13,483 Cr – Should You Buy?

Also Read: Indian Stock Market Bounces Back After Border Tensions Cool Down