Indian Markets Open Cautiously Amid Global Volatility

The Sensex and Nifty are likely to open on a cautious note. The GIFT Nifty is muted below 23,750. Asian markets are under pressure as US indices snap 3-day rally on US Election day. Here are some key factors that investors should track during today’s trading session: Shares of NSE , MCX , Bajaj Holdings & Investment, Inox India and Lloyds Metals & Energy will remain in focus on November 4. Several stocks, including BSE, Lenskart Solutions , Zydus Lifesciences, Cummins India , Apollo Hospitals, Nykaa, Torrent Pharmaceuticals, Dabur India, Biocon, NHPC, Aurobindo Pharma, Dr Lal PathLabs and PhysicsWallah, will be in focus on Wednesday as investors track the companies’ September-quarter earnings announcements. The IPO allotment for HGS (India), Johnsoncab Electricals, Vectras Enprocon and Maxwell Engineering Solutions is scheduled to be finalised today, November 4. Meanwhile, Carver Roboweld, Ajwa Projects and M.K. Sons Fine Jewels are set to make their stock market debut on Dalal Street. Follow our live blog for all the latest updates on the Sensex and Nifty, key market triggers, IPO developments and Q2 earnings announcements throughout the trading session. Crude oil prices edged lower in early trade on Wednesday. Brent crude futures slipped 0.48% to $103.11 per barrel, while US crude oil futures declined 0.68% to $95.43 per barrel. US markets ended Tuesday's session on a mixed note, with technology stocks helping the Nasdaq recover some of its recent losses. The Nasdaq Composite gained 0.83% to close at 25,372.01, while the Nasdaq-100 advanced 0.7% to 28,180.26. The S&P 500 rose 0.36% to 7,568.92. In contrast, the Dow Jones Industrial Average declined 197.26 points, or 0.38%, to settle at 51,786.72. In the last trading session, the Edible Fat sector led the gains, rising 5.7%, followed by Sugar, which advanced 4.91%. Food Processing stocks gained 4.19%, while Tea and Coffee shares climbed 3.94%. The Glass sector also ended higher, rising 3.91%. Asian markets began Wednesday's session on a mixed note, with South Korean equities leading gains. The Kospi surged nearly 3%, while the Kosdaq advanced 1.85%. Japan's Nikkei 225 started the day on a flat note, although the broader Topix edged up 0.43%. In contrast, Australia's S&P/ASX 200 slipped 0.45%.