Stock Market LIVE Updates: GIFT Nifty Hints At Flat Start For Sensex, Nifty; Asia Markets Up

Stock Market, Nifty 50, Sensex Today Live Updates: A day after hitting fresh lifetime highs, benchmark indices Nifty50 and Sensex are expected to take cues from a key speech by Jerome Powell, mixed global market trends, and active primary market developments. At 7:08 AM, GIFT Nifty futures were trading at 26,334, signalling a flat start for domestic equities. On Monday, the Sensex slipped 64.77 points, or 0.08 per cent, to close at 85,641.9, while the Nifty50 declined 27.2 points, or 0.1 per cent, to settle at 26,175.75. During the session, the Sensex had touched a record high of 86,159 and the Nifty climbed to 26,325.8. Global Cues Asian markets were mostly higher on Tuesday. South Korean auto stocks rallied after US Commerce Secretary Howard Lutnick confirmed that reduced US auto tariffs of 15 per cent on South Korea would take effect retrospectively from November 1. Shares of Hyundai Motor jumped nearly 5 per cent, while Kia gained about 3 per cent, pushing the Kospi up 1.02 per cent. South Korea’s November inflation rose 2.4 per cent year-on-year, marginally above estimates, while core inflation stayed at 2 per cent. The stable inflation trend supports the Bank of Korea’s decision to hold rates steady at 2.5 per cent. Across Asia, sentiment remained cautious after a crypto-led sell-off on Wall Street. Bitcoin slumped nearly 6 per cent overnight, weighing on crypto-linked stocks such as Coinbase and Strategy. AI-linked stocks like Broadcom and Super Micro Computer also witnessed profit-taking. Japan’s Nikkei 225 advanced 0.54 per cent in early trade. Japanese government bond yields surged, with the 10-year yield rising to 1.88 per cent — its highest level since 2008 — on expectations of a rate hike. Australia’s ASX 200 edged up 0.12 per cent. Overnight in the US, the S&P 500 fell 0.53 per cent, the Nasdaq Composite declined 0.38 per cent, and the Dow Jones Industrial Average dropped 0.9 per cent. IPOs Opening and Ongoing Neochem Bio IPO (SME) and Helloji Holidays IPO (SME) will open for subscription today. Ravelcare IPO (SME), Clear Secured Services IPO (SME), Speb Adhesives IPO (SME), Invicta Diagnostic IPO (SME) and Astron Multigrain IPO (SME) enter Day 2 of their subscription period. Purple Wave IPO (SME), Logiciel Solutions IPO (SME) and Exato Technologies IPO (SME) move into Day 3 of their public issue. Commodity Corner Crude oil prices climbed over 1 per cent on Monday following Ukrainian drone attacks, the closure of Venezuelan airspace by the US, and OPEC’s decision to keep output unchanged for the first quarter of 2026. Brent crude rose 1.27 per cent to USD 63.17 a barrel, while WTI gained 1.32 per cent to USD 59.32. Gold surged to a six-week high on expectations of US rate cuts and a weaker dollar. Spot gold rose 0.2 per cent to USD 4,239.35 per ounce, while February futures gained 0.4 per cent to USD 4,273.30. Silver jumped 3.7 per cent to a record USD 558.49 per ounce.