Here’s What Changed Overnight in the Indian Stock Market – Gift Nifty, Wall Street, and More

Stock market today: The Indian stock market benchmarks Sensex and Nifty 50 should start cautiously even though international markets experienced gains.

Asian markets saw price increases and the US stock market experienced an overnight rally as investors grew optimistic about improving US-China trade relations.

Domestic sentiment stays wary because of heightened India-Pakistan geopolitical tensions following the recent Pahalgam terror attack news. As a response to tensions with Pakistan, India chose to cancel the Indus Water Treaty and reduce the level of diplomatic relations with Islamabad.

These are vital global market indicators for today's Sensex trajectory.

Asian Markets

Asian markets experienced mostly higher trading volumes on Thursday after Wall Street's overnight gains because the easing of US-China trade tensions created optimistic sentiment.

The Nikkei 225 in Japan surged more than 1% alongside a 0.81% increase in Topix. The Kospi in South Korea remained unchanged while the Kosdaq index increased by 0.34%.

Gift Nifty Today

Gift Nifty's trading level was approximately 24,260 which showed a 52-point discount compared to the Nifty futures' previous close signaling the Indian stock market indices started with a negative trend.

Wall Street

The US stock markets finished on an upward trajectory Wednesday because investors regained confidence about resolving the US-China trade conflict.

Its Dow Jones Industrial Average increased by 558.02 points to 39,745.00 which is a 1.42 percentage increase. Meanwhile, the S&P 500 gained 111.74 points and reached 5,399.45 representing an 2.11 percent increase. In the end, the nasdaq composite index ended at 16,822.22 after adding 521.80 points, which is an increase of 3.20 percent rise.

US-China Trade Talks

According to Reuters sources who spoke to them the White House plans to consider reducing tariffs on Chinese imports as it negotiates with Beijing, noting that any such measure will take place alongside talks and not as a standalone move.

US Home Sales

The sale volume of new US single-family homes exceeded projections during March. The number of new home sales reached a seasonally adjusted annual rate of 724,000 units last month, representing a 7.4% increase to the highest level since September 2024.

India-Pakistan Ties

India ended the Indus Water Treaty and declared a reduction in diplomatic relations with Pakistan which involved expelling Pakistani military attaches because of cross-border links to the Pahalgam terror attack. The CCS ordered immediate suspension of the 1960 Indus Waters Treaty and immediate closure of the Integrated Check Post at Attari.