Bourses may open on mute note on Oct 25, 2024

25 Oct 2024 , 08:23 AM

Indian stock markets may open muted on Friday amid mixed global trends. The GIFT Nifty was also trading around 15 points down at 24,460.5 a while ago in the morning.

On Thursday, indices closed flat as Sensex closed at 80,065.16, 0.02% down. Meanwhile, Nifty ended its day at 24,399.40, 0.15% down.

Global markets:

Asian markets showed a mixed performance on Friday as investors looked ahead to Japan’s general election set for the weekend.

On Thursday, global stocks experienced slight gains in volatile trading, breaking a three-day streak of losses. This uptick was supported by rising U.S. Treasury yields and positive corporate earnings. At the same time, the easing concern surrounding the upcoming U.S. elections and potential interest rate cuts also helps.

The Dow Jones Industrial Average decreased by 0.33%, closing at 42,374.36. In contrast, the S&P 500 saw a rise of 0.21% to finish at 5,809.86. However, the Nasdaq Composite gained 0.76%, reaching 18,415.49.