Opening Bell: Global Trends Point to a Strong Start for Markets on March 16, 2025
By ScanX News Team
Indian markets are poised for a positive opening as GIFT Nifty futures remain unchanged at 22,543.5. US stock futures show strength with Dow up 1.44% and S&P 500 E-mini up 1.83%. Asian markets display mixed trends. Crude oil rebounds 0.95%, while gold continues its bullish run at $2,993.6. The USD/INR pair is up 0.14% at 87.0019. FIIs were net sellers of ₹5,729.68 crores in the last session, while DIIs were net buyers of ₹5,499.47 crores.
*this image is generated using AI for illustrative purposes only.
Market Overview
As traders prepare for the opening bell on March 16, 2025, global cues suggest a positive start to the trading session. The GIFT Nifty futures indicate a strong opening, while US markets closed higher and Asian markets show mixed trends.
GIFT Nifty Update
GIFT Nifty futures are trading at 22,543.5, unchanged from the previous close. This suggests a flat to slightly positive opening for the broader market.
US Markets
US stock futures are pointing higher, with Dow futures up 1.44% at 41,401 points. The S&P 500 E-mini futures are also showing strength, up 1.83% at 5,628.75. This positive sentiment in US markets could provide a boost to domestic equities.
Asian Markets
Asian markets are showing mixed trends in early trade. While some markets are following the positive lead from Wall Street, others are facing headwinds from regional economic concerns.
Commodity Trends
Crude oil prices have rebounded, with WTI crude up 0.95% at $67.18 per barrel. Gold continues its bullish run, trading at $2,993.6 per ounce, up 0.08%. Silver is also showing strength, up 0.17% at $34.365 per ounce.
Currency Updates
The USD/INR pair is trading at 87.0019, up 0.14%. The Euro has strengthened against the dollar, with EUR/USD up 0.65% at 1.09217.
FII/DII Activity
Foreign Institutional Investors (FIIs) were net sellers in the last session, offloading ₹5,729.68 crores worth of shares. Domestic Institutional Investors (DIIs) were net buyers, purchasing ₹5,499.47 crores worth of shares.
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 42,829.14 | 48,558.82 | -5,729.68 |
| DII | 42,322.74 | 36,823.27 | 5,499.47 |
Key Global Events
Traders will be closely watching for any developments in global trade relations and central bank policy decisions that could impact market sentiment.
Conclusion
As the markets prepare to open, the overall sentiment appears positive, buoyed by strong US futures and rebounding commodity prices. However, investors should remain cautious and monitor global cues and institutional activity throughout the session.
