Domestic markets ended higher on Monday, shrugging off concerns around slower GDP growth amid a mixed trend in global markets. Given the volatile global economic environment and mixed domestic factors, analysts expect the market to consolidate within a broad range in the near term.

Gift Nifty (Earlier SGX Nifty) signals a muted start

GIFT Nifty on the NSE IX traded higher by 14.00 points, or 0.06 per cent, at 24,436.00, signaling that Dalal Street was headed for muted start.

Global markets check

◦ S&P 500 futures were little changed as of 8:46 a.m. Tokyo time

◦ Hang Seng futures were little changed

◦ Australia's S&P/ASX 200 rose 0.6%

  Dow Jones Futures lower by 0.09 per cent

Rupee

The rupee depreciated 12 paise to close at an all-time low of 84.72 against the US dollar on Monday, on disappointing macroeconomic data and broad strength of the American currency in the overseas market

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