Here's a news article covering key overnight changes impacting the Indian stock market:

Indian Stock Market: Key Overnight Developments

The Indian stock market is poised for a dynamic trading session, influenced by a series of overnight global cues. Several factors, ranging from Asian market trends to fluctuations in commodity prices and bond yields, are expected to shape investor sentiment and market direction. Here's a breakdown of the key developments:

1. GIFT Nifty Signals Muted Start:

The GIFT Nifty is trading around 26,329, indicating a slightly subdued opening for Indian benchmark indices. This level represents a discount of approximately 6 points from Nifty futures' previous close, suggesting a cautious start to trading. On November 20, 2025, the GIFT Nifty traded at a premium, hinting at a positive opening for the Indian market.

2. Asian Market Overview:

Across Asia, markets have shown mixed trends. On one hand, Japan's Nikkei 225 index experienced a surge, driven by technology stocks, mirroring gains on Wall Street amid rising expectations of a US Federal Reserve rate cut. On the other hand, Hong Kong's Hang Seng index futures indicated a potentially weaker opening. Earlier in November, Asian markets traded higher, spurred by a rally in chip stocks following positive earnings reports from Nvidia.

3. Wall Street Performance:

Overnight on Wall Street, US stock market indices ended on a flat note in a choppy session. Investors are awaiting key US inflation data and the US Federal Reserve's policy meeting minutes for insights into potential interest rate cuts.

4. Japanese Government Bond Yields Rise:

Japanese government bonds (JGBs) have continued their downward trend, pushing benchmark yields to levels not seen in 17 years. The 10-year JGB yield climbed to 1.795%, briefly touching 1.8%, the highest since June 2008.

5. Currency Movements: Yen Near Lows:

The Japanese Yen is trading near a 10-month low against the US dollar and a record low against the Euro.

6. Crude Oil Prices:

Developments in crude oil prices are also being closely monitored for their potential impact on the Indian market.

7. Gold Prices Hit Record Highs:

Gold prices continue their stellar run, trading at record high levels, driven by geopolitical tensions and investors pricing in potential Federal Reserve rate cuts. Spot gold has crossed $3,680 per ounce in the global market.

8. US Treasury Yields:

The yield on benchmark US 10-year notes rose to 4.424%, while the 30-year bond yield increased to 4.5548%.

9. Domestic Market Performance:

Indian benchmark indices, the Sensex and Nifty, had previously snapped a three-day losing streak, positioning themselves within striking distance of their record highs. The Sensex rallied significantly, closing at 85,609, fewer than 400 points shy of its all-time high. The Nifty 50 is also close to its peak.

10. FII and DII Activity:

Continuous monitoring of the investment patterns of Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) will provide further insights into market trends.

In conclusion, the Indian stock market is expected to be influenced by a mix of global and domestic factors. While GIFT Nifty suggests a muted start, developments in Asian markets, bond yields, currency movements, and commodity prices will likely play a crucial role in shaping the day's trading. Investors will also be closely watching for any news regarding US inflation data and the Federal Reserve's policy outlook.