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Indian benchmark indices are set to open higher on Friday, tracking firm global cues, with GIFT Nifty futures also pointing to a positive start
Sensex Today
Sensex Today: Indian benchmark indices are set to open higher on Friday, tracking firm global cues, with GIFT Nifty futures also pointing to a positive start. At 7:30 AM, GIFT Nifty was trading 53 points higher at 24,880.
Globally, investors await key data releases including the Fed’s balance sheet, US payroll numbers, Japan’s foreign reserves, and retail sales from Britain and Singapore. Domestically, foreign exchange reserves data will be in focus, along with “sin goods” stocks after the government said it will impose an additional levy on such items over and above the 40% tax, even after repayment of compensation cess loans.
Global Cues
In Asia, markets traded higher after US President Donald Trump signed an executive order cutting Japanese auto import tariffs to 15% from 27.5%, while confirming a \$550 billion Japanese investment commitment into US projects. Sentiment was also lifted by Trump’s plan to impose tariffs on chip imports from companies that do not shift production to the US. Japan’s Nikkei 225 gained 1.39%, South Korea’s Kospi rose 0.26%, and Australia’s S\&P/ASX 200 added 0.58%.
On Wall Street, the S\&P 500 hit a record high with a 0.80% gain, buoyed by labor data that reinforced expectations of a Fed rate cut ahead of the monthly jobs report. The Nasdaq Composite climbed 1%, while the Dow Jones Industrial Average advanced 0.90%.
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a…Read More
Aparna Deb is a Subeditor and writes for the business vertical of News18.com. She has a nose for news that matters. She is inquisitive and curious about things. Among other things, financial markets, economy, a… Read More
September 05, 2025, 08:51 IST
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