Equity markets traded sideways throughout the session to close with losses as FIIs continue their selling streak.

GIFT Nifty (Earlier SGX Nifty) signals a negative start 

GIFT Nifty on the NSE IX traded lower by 68.50 points, or 0.28 per cent, at 24,305, signaling that Dalal Street was headed for negative start on Thursday.

US stocks slip 

U.S.stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings. Microsoft and Meta Platforms reported earnings after the bell, with both beating quarterly revenue estimates

 Dow dips 0.22%,

◦ S&P falls 0.33%,

◦ Nasdaq slips 0.56%

Asian shares decline 

Asian equities fell Thursday after US stocks and government bonds dropped as robust economic data blurred the picture for imminent Federal Reserve rate cuts.

 ◦ S&P 500 futures fell 0.4% as of 9:04 a.m. Tokyo time

◦ Japan's Topix fell 0.3%

◦ Australia's S&P/ASX 200 fell 0.2%

◦ Euro Stoxx 50 futures fell 1.3%

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