Indian stock market: 8 key things that changed for market overnight - Gift Nifty, US inflation to oil prices
Indian stock market, March 13 -- The domestic equity indices are expected to open higher on Wednesday tracking positive global market cues.
Asian markets traded in the green, while the US stock indices ended sharply higher overnight after the sticky inflation data failed to dampen investors' hopes of interest rate cuts by the US Federal Reserve in the coming months.
Traders now see a 70% chance of the first rate cut coming in June, the CME FedWatch Tool showed, versus 71% ahead of the inflation data, Reuters reported.
On Tuesday, the Indian stock market indices ended a choppy session flat with a positive bias.
The Sensex gained 165.32 points, or 0.22%, to close at 73,667.96, while the Nifty 50 inched 3.05 points, or 0.01%, higher to s...
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