The Nifty 50 is poised for a rebound after a three-session decline, as global market sentiment improves following the US Federal Reserve’s widely anticipated interest rate cut. While the move has supported risk appetite across global equities, policymakers’ divided views on the future pace of easing suggest market volatility could persist.
Global Cues Support Indian Markets
Early indicators point to a strong opening for Indian equities. The GIFT Nifty signals a positive start, tracking gains across major Asian markets and a firm overnight close on Wall Street. Global investors appear to have taken comfort from the Fed’s action, even as its cautious tone keeps expectations of aggressive rate cuts in check.
Broader Market in Focus
Back home, attention remains on the broader market, which has witnessed notable weakness in recent sessions. Market participants are closely watching whether today’s rebound can sustain, especially in midcap and smallcap stocks that have seen increased selling pressure.
Key Stocks to Watch Today
Several heavyweight and sectoral names are expected to remain in focus during today’s session, including:
- TCS
- Cipla
- Tata Steel
- InterGlobe Aviation (IndiGo)
Company-specific developments and global cues are likely to drive intraday moves in these stocks.
With supportive global signals but lingering uncertainty around monetary policy, traders and investors may continue to see choppy yet opportunity-driven market action in the near term.
