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First Tick: Here are the top global cues for today’s trade

Market Today

Indian benchmark indices Sensex and Nifty 50 are likely to see a positive start on May 14, tracking cues from GIFT Nifty trading around 24,738.50 a short while ago this morning.

Benchmark indices saw a day of profit booking on May 13 – a day after a record rally – with the Nifty 50 index slipping below 24,600 as IT, FMCG, auto, and banking names weighed, while the small-cap index extended gains.

GIFT Nifty (Up)

The GIFT Nifty is trading higher at around 24,738.50, indicating a firm opening for the day.

Asian Equities (Mixed)

Asian stocks traded in narrow ranges early Wednesday as investors waited for direction after US benchmarks wiped out their 2025 losses on signs trade tensions are easing and after US inflation was softer than forecast.

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