Wall Street Soars, Tesla Slumps: What’s Moving Indian Markets Today

As Indian financial markets reopen after the Dussehra break, investors brace for a mixed start driven by global cues. Wall Street’s record highs and Tesla’s surprise dip are shaping sentiment, while Gift Nifty signals a cautious opening.

Global Pulse And Domestic Setup

- Gift Nifty trades at 24,942, nearly 25 points below Nifty futures’ previous close
- Sensex surged 715.69 points to 80,983.31; Nifty 50 rose 225.20 points to 24,836.30 on Wednesday
- RBI held repo rate steady and introduced banking sector reforms

Wall Street’s Overnight Rally

- Dow Jones gained 78.62 points to 46,519.72
- S&P 500 added 4.15 points to 6,715.35
- Nasdaq climbed 88.89 points to 22,844.05

Tech Stocks In Focus

- Nvidia rose 0.91%, AMD jumped 3.49%, Intel gained 3.78%, Apple up 0.66%
- Tesla plunged 5.11% despite record quarterly deliveries of 497,099 vehicles

Asian Market Snapshot

- Japan’s Nikkei 225 rose 1.36%, Topix up 0.35%
- Hong Kong futures slightly lower; China and South Korea closed for holidays

Sources: Livemint, MSN, Business Standard