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GIFT Nifty lower, trading at a discount of nearly 40 points from Nifty Fut Wednesday’s close, indicates a start in the red for the Indian market

US equity-index futures dipped slightly, and Asian markets commenced trading on a muted note following a lacklustre session on Wall Street, as investors remained cautious due to the limited economic data obscuring the outlook for Federal Reserve policy.

Some of the key stocks to watch out for the day include Tata Steel, Cochin Shipyard, SpiceJet, IRCTC and more.

The Nifty index continued its upward trend for the third consecutive session, remaining strong following a gap-up opening on Wednesday.

After starting with an upward gap of 139 points, the Nifty advanced throughout the early and mid-session before stabilizing towards the close. Ultimately, the index finished close to the day’s peak, concluding 180 points higher.

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