Pre-Market Setup: Global Cues and Key Events Shaping Today's Session
Global markets show mixed signals with US markets closing slightly lower and Asian markets displaying resilience. GIFT Nifty up 0.38% at 24,664.50, indicating a potential upbeat opening for Indian markets. Commodities see significant movements with crude oil down 2.06% and gold up 1.16%. USD/INR trading at 91.58, down 0.17%. FIIs were net sellers while DIIs were net buyers in the previous session. Key corporate actions include dividends from SBI Life Insurance and Bharat Electronics.
*this image is generated using AI for illustrative purposes only.
Global Market Sentiment
The global markets are showing mixed signals as we head into today's trading session. While Asian markets display resilience, US markets closed with a slight dip overnight. Key commodities are experiencing notable movements, potentially influencing market sentiment.
GIFT Nifty Update
The GIFT Nifty is currently trading at 24,664.50, up 0.38% or 94.50 points from its previous close. This positive indication suggests a potential upbeat opening for the domestic markets.
US Markets
US markets closed marginally lower in the previous session:
| Index | Closing Price | Change (%) |
|---|---|---|
| Dow Jones | 47,975.75 | -1.61 |
| NASDAQ | 23,028.75 | 0.24 |
| S&P 500 E-Mini Futures | 6,845.00 | 0.14 |
Asian Markets
Asian markets are showing a mixed trend:
| Index | Current Level | Change (%) |
|---|---|---|
| Nikkei 225 | 55,316.11 | 0.07 |
| Hang Seng | 25,541.50 | 0.87 |
Commodity Trends
Key commodities are experiencing significant movements:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| Crude Oil | 79.34 | -2.06 |
| Gold | 5,137.70 | 1.16 |
| Silver | 84.04 | 2.26 |
| Natural Gas | 2.98 | -0.63 |
Currency Updates
The USD/INR pair is currently trading at 91.58, down 0.17% from its previous close.
FII/DII Activity
Recent institutional activity shows contrasting trends:
| Investor Type | Date | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|---|
| FII | 2026-03-05 | 14,914.99 | 18,667.51 | -3,752.52 |
| DII | 2026-03-05 | 18,821.10 | 13,667.73 | 5,153.37 |
Block Deals
Notable block deals from the previous session:
| Company | Buyer | Seller | Shares | Price (₹) |
|---|---|---|---|---|
| HDFC Bank | SCHRODER EMEG MKTS FD | SCHRODER PACIFIC EMERGING MARKETS FUND | 706,962 | 868.65 |
| Mahindra & Mahindra | SCHRODER EMEG MKTS FD | SCHRODER PACIFIC EMERGING MARKETS FUND | 94,120 | 3,264.30 |
| Afcons Infrastructure | GOLDMAN SACHS BANK EUROPE SE - ODI | MORGAN STANLEY ASIA SINGAPORE PTE | 971,374 | 276.50 |
Latest Updates for Stocks Involved in Block Deals
- HDFC Bank witnessed a significant NSE block trade worth ₹74.84 crores, involving approximately 858,345 shares at ₹871.95 per share.
- Afcons Infrastructure Limited has issued a postal ballot notice seeking member approval for material related party transactions worth ₹5,200 crores with Shapoorji Pallonji Mideast LLC.
- Mahindra & Mahindra addressed media reports about Indonesia vehicle import suspension, confirming no communication received regarding suspension of a 35,000 unit export order for 2026 delivery.
Key Corporate Actions
Several companies have announced corporate actions for today:
| Company | Action Type | Details |
|---|---|---|
| SBI Life Insurance | Dividend | Interim dividend of ₹2.70 per share |
| Bharat Electronics | Dividend | Interim dividend of ₹1.95 per share |
| Engineers India | Dividend | Interim dividend of ₹1.50 per share |
| Silver Touch Technologies | Stock Split & Bonus | 2:10 split and 1:1 bonus issue |
| LKP Finance | Bonus | 4:1 bonus issue |
Conclusion
As markets open today, investors will be closely watching the interplay between global cues, commodity trends, and domestic factors. The positive GIFT Nifty indication, coupled with mixed global market signals, sets the stage for an interesting trading session ahead.
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