The trends on Gift Nifty indicate a weak start for the Indian benchmark index. The Gift Nifty was trading around 24,215 level, a discount of nearly 80 points from the Nifty futures’ previous close.

Sensex and Nifty 50, maintains upward trend today following Trump's declaration of victory in the US Presidential election.

India's key stock market indices, the Sensex and Nifty 50, saw further gains on November 6, driven by reports of Donald Trump's substantial advantage in the 2024 US election, which enhanced investor sentiment.

Nomura India believes a Trump win is likely net-negative for Asia ex-Japan stocks, while it sees Harris as net-positive. In the betting markets, Trump has lost some earlier momentum, it noted.

Indian benchmark indices experienced their sharpest decline in over a month, weighed down by uncertainty surrounding the U.S. presidential election. The Nifty fell 1.27% to 23,995, while the Sensex dropped 1.

Indian benchmark indices Nifty 50 and Sensex ended the previous trade session in the red. Nifty 50 closed at 23,995.35, while Sensex ended at 78,782.24. Overnight, Wall Street indices ended lower ahead of the US Presidential Election result and the US Fed rate decision this week.