GIFT Nifty is trading at flat level, how will be the opening in Sensex-Nifty?

Gift Nifty Today: The stock market witnessed a pullback on Tuesday. This decline was due to global weak signals, trade tensions and rising concerns about US debt levels. Experts say that due to global developments, corporate earnings and talks about trade, there is a possibility of further volatility in the market. On Tuesday, the Nifty 50 index closed at 24,826.20 level with a decline of 174.96 points or -0.70%, while the Sensex slipped 624.82 points or 0.76% to close at 81,551.63 level. GIFT Nifty trading at flat level

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On Wednesday, GIFT Nifty on NSE IX was trading at 24,854 level with a decline of 11 points or 0.04 percent, which indicates that today may have a flat start on Dalal Street.

US market boom

On Tuesday, the US stock market saw a rise. In fact, after President Donald Trump postponed tariffs on European goods till July 9, investors' confidence has increased, so they took the risk. The Dow Jones Industrial Average strengthened by 740.58 points or 1.78% to reach 42,343.65, while the S&P 500 closed at 5,921.54, up 118.72 points or 2.05%.

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 Apart from this, the Nasdaq Composite closed at 19,199.16, up 461.96 points or 2.47%.

Gold prices rise, dollar falls

Gold prices rose on Wednesday, due to which the dollar has fallen. At the same time, US bond yield remained low. In fact, investors are waiting for the US Core Personal Consumption Expenditure (PCE) Price Index to be released at the end of this week.