Stock Market News Live Today: Nifty, Sensex likely to open higher, GIFT Nifty up 23 PTS
Positive cues from global markets can also impact the Indian stock market, as the gift Nifty has already made a strong start.
The latest US economic data has raised expectations that the Federal Reserve will cut interest rates in September. The S&P 500 rose 1.01% to settle at 5,648.40 points. The Nasdaq Composite Index rose 1.13% to 17,713.62, while the Dow Jones Industrial Average rose 0.55% to 41,563.08.