scorecardresearchBefore Market Opens: 9 things to know at 9 am on February 2, 2023

Before Market Opens: 9 things to know at 9 am on February 2, 2023

Updated: 02 Feb 2023, 08:32 AM IST
TL;DR.

Indian markets are likely to open lower on Thursday after US Federal Reserve slowed its pace of interest rate hikes but signalled that the battle on inflation is not yet over. Indian markets cheered the Budget 2023 in intra-day deals yesterday but ended mixed on back of profit booking and as the focus turned to the Adani-Hindenburg saga. At 8:20 am, the SGX Nifty was trading 131 points or 0.7 percent lower at 17,568, indicating a gap down opening for the Indian markets. Let's take a look at some key market cues before the market opens today: