Domestic markets extended gains for the third consecutive session, with Nifty jumping 181 points. Analysts expect markets to gain some momentum in the near term on the back of positive global cues, optimism around enhanced government spending and favourable monetary policy changes by the RBI.

Gift Nifty (Earlier SGX Nifty) signals a muted start

GIFT Nifty on the NSE IX traded higher by 10.50 points, or 0.04 per cent, at 24,544.00, signaling that Dalal Street was headed for muted start.

US stocks mixed

The S&P 500 and Nasdag eked out record closing highs on Tuesday, with tech-related shares extending recent gains as investors awaited further jobs data. The Dow finished slightly lower on the day.

◦ Dow down 0.17%,

◦ S&P 500 rises 0.05%,

◦ Nasdaq up 0.40%

Asian shares fall

Stocks in Asia fell after South Korean President Yoon Suk Yeol's shock decision to impose martial law, only to reverse course hours later, caught global markets off guard.

◦ S&P 500 futures were little changed as of 9:07 a.m. Tokyo time

Hang Seng futures fell 0.1%

◦ Japan's Topix was little changed

◦ Australia's S&P/ASX 200 fell 0.4%

Rupee

The rupee recovered from its all-time low level and settled for the day with gains of 4 paise at 84.68 against the US dollar in a range-bound trade on Tuesday, amid a positive trend in domestic equities

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