Indian stock market: The equity market benchmark indices, Sensex and Nifty 50, are expected to open lower on Tuesday, following mixed global market cues.<\/p>\n
Asian markets traded higher, with Japan\u2019s Nikkei hitting record high, while the US stock market ended lower overnight.<\/p>\n
On Monday, the Indian stock market witnessed a short-covering rally, led by buying across the board.<\/p>\n
The Sensex<\/a> surged 746.29 points, or 0.93%, to close at 80,604.08, while the Nifty 50 settled 221.75 points, or 0.91%, higher at 24,585.05.<\/p>\n \u201cIt appears that the markets have largely digested the recent tariff-related concerns and are now focusing more on earnings cues, with the results season nearing its end. Additionally, oversold positions in heavyweights are providing support. Traders should maintain a hedged approach and focus on stocks consistently displaying relative strength for long positions,\u201d said Ajit Mishra \u2013 SVP, Research, Religare Broking Ltd.<\/p>\n Also Read<\/strong> | Stock market today: Eight stocks to buy or sell on Tuesday\u201412 August 2025<\/a><\/p>\n Here are key global market cues for Sensex today:<\/p>\n Asian Markets<\/strong><\/p>\n Asian markets traded higher on Tuesday after the US-China trade truce extension overnight. Japan\u2019s Nikkei 225<\/a> rallied 2% to hit a record high, while the Topix index gained 0.74%. South Korea\u2019s Kospi rose 0.93%, while the Kosdaq added 0.4%. Hong Kong\u2019s Hang Seng index futures indicated a weaker opening.<\/p>\n Gift Nifty Today<\/strong><\/p>\n Gift Nifty was trading around 24,580 level, a discount of nearly 47 points from the Nifty futures\u2019 previous close, indicating a weak start for the Indian stock market indices.<\/p>\n Wall Street<\/strong><\/p>\n US stock market ended lower on Monday as investors eye US-China trade developments.<\/p>\n The Dow Jones Industrial Average fell 200.52 points, or 0.45%, to 43,975.09, while the S&P 500 dropped 16.00 points, or 0.25%, to 6,373.45. The Nasdaq Composite closed 64.62 points, or 0.3%, lower at 21,385.40.<\/p>\n Nvidia share price declined 0.35%, Advanced Micro Devices shares fell 0.28%, while Micron Technology stock price rallied 4% and Intel shares gained 3.5%. Tesla stock price surged 2.84%, Apple stock price fell 0.83% and Amazon shares eased 0.62%.<\/p>\n Also Read<\/strong> | Breakout stocks to buy or sell: Sumeet Bagadia recommends five shares to buy<\/a>US-China Tariff Truce<\/strong><\/p>\n The United States and China extended a tariff truce<\/a> for another 90 days. US President Donald Trump announced on his Truth Social platform that he had signed an executive order suspending the imposition of higher tariffs until 12:01 a.m. EST on November 10, with all other elements of the truce to remain in place.<\/p>\n