The Indian stock market benchmark indices, Sensex and Nifty 50, are expected to open higher on Monday following a rally in global markets, and as investors will react to the Q2 results of several index heavyweights, including Reliance Industries, HDFC Bank and ICICI Bank.<\/p>\n
Asian markets traded higher, led by Japanese stock markets, while the US market also gained last week.<\/p>\n
This week, investors will focus on key stock market triggers<\/a>, including developments in the US-China trade war, India-US trade deal, next set of Q2 results, FPI flows, and key domestic and global macroeconomic data.<\/p>\n On Friday, the Indian stock market ended with healthy gains for the third consecutive session, with the benchmark indices hitting their 52-week highs during the session.<\/p>\n The Sensex<\/a> rallied 484.53 points, or 0.58%, to close at 83,952.19, while the Nifty 50 settled 124.55 points, or 0.49%, higher at 25,709.85.<\/p>\n \u201cWe expect the market to continue its up-move, supported by healthy Q2 earnings so far, robust festive demand, optimism over a potential India\u2013US trade deal and renewed FII buying in recent sessions,\u201d said Siddhartha Khemka – Head Of Research, Wealth Management, Motilal Oswal Financial Services Ltd.<\/p>\n Stock market today: 10 key things that changed for market over weekend Also Read | Stock market today: Eight stocks to buy or sell on Monday<\/a><\/p>\n Here are key global market cues for Sensex today:<\/p>\n Asian Markets<\/p>\n Asian markets traded higher on Monday amid optimism on earnings as the reporting season gets into full swing. MSCI\u2019s broadest index of Asia-Pacific shares outside Japan firmed 0.1%.<\/p>\n Japan\u2019s Nikkei 225 rallied 2.6% to a record high, while the Topix gained 1.9%. South Korea\u2019s Kospi rose 0.36% and the Kosdaq advanced 1.13%. Hong Kong\u2019s Hang Seng Index futures indicated a higher opening.<\/p>\n Gift Nifty Today<\/p>\n Gift Nifty was trading around 25,983 level, a premium of nearly 225 points from the Nifty futures\u2019 previous close, indicating a gap-up start for the Indian stock market indices.<\/p>\n Wall Street<\/p>\n US stock market ended higher and Treasury yields rebounded on Friday after President Donald Trump said his face-to-face trade talks with Chinese President Xi Jinping were still on.<\/p>\n The Dow Jones Industrial Average<\/a> gained 238.37 points, or 0.52%, to 46,190.61, while the S&P 500 rose 34.94 points, or 0.53%, to 6,664.01.The Nasdaq Composite closed 117.44 points, or 0.52%, higher at 22,679.98.<\/p>\n Nvidia share price rose 0.78%, Apple shares gained 1.96%, while Tesla stock price rallied 2.46%. American Express shares jumped 7.27% and Mastercard stock price advanced 2.02%.<\/p>\n Also Read | Buy or sell on Diwali 2025: Vaishali Parekh recommends three stocks to buy today<\/a>US-China Trade Tensions<\/p>\n United States President Donald Trump<\/a> said that his proposed 100% tariffs on Chinese imports would not be sustainable, as he hoped that ties with the country would be fine when he meets President Xi Jinping in South Korea in two weeks.<\/p>\n India-US Trade Talks<\/p>\n Union Commerce minister Piyush Goyal said that talks regarding the proposed India-US Bilateral Trade Agreement<\/a> are \u201cprogressing in a cordial manner,\u201d and that there is \u201cno agreement until interests of the nation – India’s farmers, India’s fishermen, India’s MSME sector are fully addressed.\u201d<\/p>\n China LPR<\/p>\n China left benchmark lending rates unchanged for the fifth consecutive month in October. The one-year loan prime rate (LPR) was kept at 3.0%, while the five-year LPR was unchanged at 3.5%.<\/p>\n Q2 Results<\/p>\n A slew of companies, including several index heavyweights such as Reliance Industries<\/a>, HDFC Bank<\/a> and ICICI Bank<\/a>, announced their Q2 results during the weekend. Market participants will first react to quarterly earnings of these heavyweights, which are likely to set the tone for the broader market.<\/p>\n