Mumbai, March 12 -- Trading of Nifty 50 index futures on the GIFT Nifty indicates that the Nifty could rise 39 points at the opening bell.

Global Markets:

The US Dow Jones index futures is currently up by 26 points, signaling a positive opening for US stocks today.

Asian markets exhibited a mixed performance on Tuesday. Most stocks edged higher, but Japanese stocks extended their losses.

Investor sentiment remained cautious as they awaited the release of the U.S. Consumer Price Index (CPI) data later on Tuesday. This data is expected to be a key factor in the Federal Reserve's plans for potential interest rate adjustments in 2024.

Unlike other Asian markets, Japanese stocks continued their downward trend. This decline reflects growin...