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Market Outlook
🔸Indian benchmark indices Sensex and Nifty 50 are likely to open gap down as trend in the Gift Nifty suggest a negative start for the broader indices.
🔸Asian markets were trading lower.
🔸US markets ended sharply lower on Thursday.
🔸The Dow Jones Industrial Average fell 494.82 points, or 1.21 percent, to 40,347.97, the S&P 500 lost 75.62 points, or 1.37 percent, to reach 5,446.68. the Nasdaq Composite lost 405.25 points, or 2.30 percent, to reach 17,194.15.
Market Yesterday
🔸Indian benchmark indices ended higher for the fifth straight session on August 1.
🔸At close, the Sensex was up 126.21 points or 0.15 percent at 81,867.55, and the Nifty was up 59.70 points or 0.24 percent at 25,010.90.
