Indian Stock Market Outlook: Flat to Positive Opening Expected Amidst Global Cues and Previous Day's Dip

Overview

Indian benchmark indices Sensex and Nifty ended lower on November 18, snapping a six-day winning streak amid broad-based selling. However, GIFT Nifty is trading flat to positive, suggesting a similar opening for the Indian market today. Global markets showed mixed trends, with Asian equities trading between gains and losses and US stocks closing lower. Domestic Institutional Investors continued their buying, while Foreign Institutional Investors sold equities.