Stock Market News Live Updates: GIFT Nifty Hints At Positive Open; IT Stocks, Lenskart, Hindustan Unilever Shares In Focus

The GIFT Nifty, an early indicator of India’s Nifty index performance, saw a marginal rise of 0.1%, reaching 25,993, suggesting a positive start for the Indian stock market. Investors are particularly focused on specific sectors, including information technology (IT) stocks, which have been volatile recently amid global market trends. Additionally, companies like Lenskart and Hindustan Unilever are under scrutiny as they prepare for their quarterly results, with analysts predicting mixed outcomes based on recent consumer behavior and supply chain challenges. Overall, the anticipation surrounding these stocks, combined with the slight uptick in the GIFT Nifty, paints a cautiously optimistic picture for traders ahead of the market opening today. As investors keep a close watch on domestic and international cues, the market’s direction will likely be influenced by upcoming economic data and corporate earnings reports.
Originally reported by NDTV Profit. Read original article
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