From Gift Nifty, Nasdaq selloff, US dollar to oil prices: 10 key things that changed for Indian stock market overnight

Indian stock markets are set for a muted opening following sharp overnight losses in global technology and semiconductor stocks, with the Sensex having crashed 893 points or 1.16 percent to 76,200.68 and Nifty 50 down 278 points or 1.16 percent to 23,824.10 in the previous session. The Nasdaq Composite fell 2.21 percent and the S&P 500 declined 1.44 percent, dragged by heavy selling in semiconductor names including Nvidia, AMD, Intel, Micron and Marvell. FII outflows, US-Iran ceasefire uncertainty, a hawkish US Fed stance, and a stronger US dollar are adding to the negative bias, while Gift Nifty at around 23,874 indicates a flat-to-marginally-positive start.