Sensex, Nifty, Share Prices LIVE: Indian benchmark indices, Sensex and Nifty, are expected to open flat on Wednesday amid mixed global market cues and no significant domestic triggers. Analysts suggest that the market’s movement will largely depend on global sentiment, as US stocks were volatile overnight with the Nasdaq 100 down 3.15%, impacted by a sell-off in technology stocks like Nvidia. The Gift Nifty points to a 100-point gap-up for the Nifty. Osho Krishan from Angel One emphasizes the need for vigilance regarding global developments, while Amit Goel from Pace 360 warns that upcoming US economic data, including job numbers and non-farm payrolls, could create significant market movements. Meanwhile, Asian markets are trading mixed, with Japan down and Korean and Australian markets posting marginal gains. Motilal Oswal Financial Services notes that despite global volatility, India’s market has shown resilience and continued to outperform, with strong domestic flows and broad-based growth across sectors.
Stock Market Live Updates 5 September 2024: Sensex, Nifty set for flat opening amid global market volatility
