Sensex, Nifty Seen Opening Up On Firm Global Cues

The Indian stock market, represented by the S&P BSE Sensex and the Nifty 50, is expected to open higher on the back of firm global cues.

Asian markets are trading higher, with Japan's Nikkei and Hong Kong's Hang Seng index up by 0.4% and 1.2%, respectively. This is due to positive developments in the ongoing US-China trade talks and a stable Chinese economy. The US markets also closed higher on Friday, with the Dow Jones Industrial Average and the S&P 500 index up by 0.3% and 0.2%, respectively.

In India, the market sentiment is also positive, with the Reserve Bank of India's decision to maintain a status quo on interest rates, and the government's announcement of a Rs 2.83 lakh crore stimulus package for the agriculture sector.

The Sensex and Nifty are also likely to be positively impacted by the positive Q3 earnings reported by several Indian companies. TATA Motors, HDFC Bank, and Kotak Mahindra Bank have all reported better-than-expected results, which is likely to boost investor sentiment.

In addition, the recent budget proposal to increase foreign portfolio investment limit in the Indian corporate bond market, from 9% to 15%, is also expected to boost the market.

However, investors are advised to exercise caution as the market is expected to be volatile, due to the ongoing COVID-19 pandemic and its impact on the global economy. The rising number of cases in India and the imposition of fresh restrictions in several states also add to the uncertainty.

Overall, the Indian stock market is expected to open higher on the back of firm global cues and positive domestic developments. However, investors are advised to closely monitor the situation and exercise caution in their investments.

In the global market, the US dollar index is trading higher as the investors are refocusing on riskier assets as the US stimulus talks and vaccine news lifted the market sentiment. The US dollar index is trading at 90.32, up by 0.07%.

In the global market, the US dollar index is trading higher as the investors are refocusing on riskier assets as the US stimulus talks and vaccine news lifted the market sentiment. The US dollar index is trading at 90.32, up by 0.07%.

The US 10-year treasury yield is trading at 1.01%, up by 0.03%. The US 2-year treasury yield is trading at 0.12%, up by 0.01%.

In the global commodity market, the Brent crude oil is trading at $55.16 per barrel, down by 0.07%. The gold is trading at $1,849.80 per ounce, up by 0.12%.

In the currency market, the Indian rupee is trading at 73.29 per US dollar, down by 0.02%.

Overall, the Indian stock market is expected to open higher on the back of firm global cues and positive domestic developments. However, investors are advised to closely monitor the situation and exercise caution in their investments.

In the global market, the US dollar index is trading higher as the investors are refocusing on riskier assets as the US stimulus talks and vaccine news lifted the market sentiment. The US dollar index is trading at 90.32, up by 0.07%.

The US 10-year treasury yield is trading at 1.01%, up by 0.03%. The US 2-year treasury yield is trading at 0.12%, up by 0.01%.

In the global commodity market, the Brent crude oil is trading at $55.16 per barrel, down by 0.07%. The gold is trading at $1,849.80 per ounce, up by 0.12%.

In the currency market, the Indian rupee is trading at 73.29 per US dollar, down by 0.02%.

Overall, the Indian stock market is expected to