Stock Market Today: GIFT Nifty Hints At Muted Opening As Asian Equities Jump On Micron Outlook

Stock Market Today: Benchmark indices are likely to open on a flat note on June 25, with Gift Nifty trading around the 24,100 mark, signalling a muted start despite a sharp rebound across Asian markets.

Investor sentiment in the region improved after US memory chipmaker Micron Technology issued a stronger-than-expected sales forecast, reviving optimism around the artificial intelligence (AI) theme and lifting technology stocks across Asia.

Domestic markets will also head into a long weekend, with trading set to remain shut on Friday, June 26 on account of Muharram.

In the previous session on June 24, benchmark indices ended higher. The BSE Sensex gained 790.54 points, or 1.04 per cent, to settle at 76,991.22, while the NSE Nifty 50 rose 197.55 points, or 0.83 per cent, to close at 24,021.65.

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