Sensex Today | Nifty 50 | Stock Market Live Updates: GIFT Nifty signals a negative start; Asian shares trade lower

GIFT Nifty traded 54.5 points lower (0.23%) at 23,987.50, signaling a weak opening for Indian equities after Monday's sharp rally that added over Rs 5 lakh crore to BSE-listed firms' market cap, taking it to around Rs 481 lakh crore. Asian equities declined as renewed concerns over AI spending triggered a selloff in semiconductor stocks, while crude oil prices fell 1% on easing US-Iran tensions. Investors are watching global cues, oil price movements, and upcoming corporate earnings for further direction.