Gift Nifty was trading around the 24,333.50 level, down nearly 95 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices. Asian stock markets traded higher, while the US stock market ended lower overnight after hotter-than-expected US inflation. Key points and original sources are listed below.

• Gift Nifty was trading around the 24,333.50 level, down nearly 95 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.S1

• Asian stock markets traded higher, while the US stock market ended lower overnight after hotter-than-expected US inflation. The trends on Gift Nifty also signal a negative start for the Indian benchmark indices, Nifty 50 and Sensex, today.S2