Business News
GIFT Red-red futures trade; markets to open on a cautious note
GIFT suggests a lower start for the Indian stock market, down 40 points in early trade, as global indices lean towards caution. Asian shares fell amid mixed views on the first trading day of 2025, with concerns about interest rates and economic growth continuing to weigh on investors. Back home, Indian benchmarks had a hot close in the last session of 2024, with the Sensex down one-tenth of a percent and the Nifty ending flat, capping a year of strong single-digit gains despite global headwinds.