US MARKET RALLY: KEY CUES FOR THE INDIAN STOCK MARKET

Wall Street closed higher on Monday, October 26, as US equities recovered amid continued volatility in AI-related stocks. The S&P 500 gained 0.70% to close at 7,676.77, the Nasdaq Composite rose 0.82% to 26,169.38, and the Dow Jones advanced 0.28% to 52,361.58. Investors are now focusing on upcoming corporate earnings and the US Federal Reserve's policy decision. Impact on Indian Markets: Despite positive US market cues, Indian benchmark indices may experience a cautious or volatile session. According to Livemint's October 27 market outlook, GIFT Nifty signalled a muted opening for the Indian market. Investors will closely monitor global market trends, crude oil prices, foreign institutional investor (FII) activity, and domestic corporate earnings. Market Outlook: A positive trend on Wall Street may support investor sentiment, but it does not guarantee a strong opening for the Sensex and Nifty. Traders should watch GIFT Nifty and early market movements for confirmation of the day's direction. stock to watch