Nifty 50 closed the previous trading session 1,941.35 points below its all-time high of 26,277.35, reflecting a cautious sentiment in the Indian equity markets. Overnight, U.S. markets ended lower, while Asian equities showed volatility during early trade today.
Key market events are set to unfold today, with the U.S. Federal Reserve announcing its policy decision later this evening (IST). This decision is expected to influence global markets, and its impact will likely be seen in Thursday’s trade. Similarly, the Bank of Japan is also scheduled to announce its monetary policy decision on Thursday, which could further affect global market sentiment.
In the Indian stock market, several companies are in focus:
- Vishal Mega Mart, Mobikwik, and Sai Life Sciences are set to list on the stock exchanges today, and their market debut will be closely watched.
- Aurobindo Pharma, which recently completed a U.S. FDA inspection, remains a stock to watch.
- JSW Energy, with its focus on renewable energy, continues to draw attention in the energy sector.
- Ambuja Cements, part of the Adani Group, is in focus after the announcement of the amalgamation of its subsidiaries, Sanghi Industries and Penna Cement.
- Exide Industries is actively expanding its portfolio in the electric vehicle battery space, with its investment in Exide Energy Solutions.
- Insurance stocks are in the spotlight amid the ongoing growth in the sector, with rising demand for digital and traditional insurance products.
- Aditya Birla Real Estate‘s acquisition of land in Boisar also makes it a stock to watch, particularly in the real estate sector.
- Edelweiss Financial‘s lifting of regulatory restrictions by the RBI has boosted sentiment around the company.
As the U.S. Federal Reserve and the Bank of Japan announce their policy decisions, Indian investors will keep a close eye on global market trends and sector-specific news in the domestic market.
