The Indian stock market indices, Sensex and Nifty 50, are likely to open flat on Friday, amid positive cues from global peers after the US Federal Reserve cut the benchmark interest rates by 25 basis points (bps), in line with expectations. The trends on ...

The trends on Gift Nifty also indicate a negative start for the Indian benchmark index. The Gift Nifty was trading around 24,450 level, a discount of nearly 140 points from the Nifty futures’ previous close.

The Indian stock market faced a broad selloff, with the Sensex and Nifty 50 dropping over 1% each. Mid and small-cap indices fell up to 2%, leading to a market cap decline of about ₹6 lakh crore.

Apollo Hospitals, HDFC Life, SBI, and TCS were the only four Nifty50 constituent stocks to manage to settle in the green on Thursday

The next key event is the US election scheduled on. Owing to deep correction, the key support level for Sensex and Nifty 50 is around 78500 and 23800 respectively.

Indian stock market benchmark indices, Sensex and Nifty 50, are likely to open on a weak note Monday amid cautiousness in global peers ahead of US Presidential Elections.The trends on Gift Nifty also indicate a negative start for the Indian benchmark index.