Pre-Market Setup: Global Cues Set Stage for Positive Opening
GIFT Nifty indicates a flat to slightly negative opening. US markets closed positively, with Dow Jones up 0.25%. Asian markets are mixed, with Nikkei rising 0.28% and Hang Seng surging 1.39%. Crude oil and gold prices have edged higher. FIIs were net sellers of ₹2,170.35 crore, while DIIs were net buyers of ₹3,014.30 crore. Notable block deals in Varun Beverages, Hero MotoCorp, Reliance Industries, and Bharti Airtel. Hero MotoCorp appoints new CEO, effective 2026.
*this image is generated using AI for illustrative purposes only.
Introduction
Global markets are showing positive momentum, setting the stage for a potentially upbeat opening on Dalal Street. Key developments across international markets and commodities are likely to influence today's trading session.
GIFT Nifty Update
The GIFT Nifty is trading at 24,957.00, down marginally by 0.01% or 2.50 points from the previous close. This suggests a flat to slightly negative start for the domestic indices.
US Markets
Wall Street ended on a positive note, with the Dow Jones Industrial Average rising 0.25% to 45,535.96. The tech-heavy Nasdaq Composite gained 0.16%, closing at 21,759.50.
Asian Markets
Asian markets are trading mixed. Japan's Nikkei 225 is up 0.28% at 43,767.53, while Hong Kong's Hang Seng Index has surged 1.39% to 25,990.50.
Commodity Trends
| Commodity | Price | Change |
|---|---|---|
| Crude Oil | $62.58 | +0.51% |
| Gold | $3,691.00 | +0.37% |
| Silver | $42.00 | +0.23% |
Crude oil prices have edged higher, with WTI crude trading at $62.58 per barrel, up 0.51%. Gold prices have also increased, rising 0.37% to $3,691.00 per ounce.
Currency Updates
The USD/INR pair is trading at 87.94, showing a slight increase of 0.01%.
FII/DII Activity
| Investor Type | Buy (Cr) | Sell (Cr) | Net (Cr) |
|---|---|---|---|
| FII/FPI | 8,228.52 | 10,398.87 | -2,170.35 |
| DII | 11,080.70 | 8,066.40 | 3,014.30 |
Foreign Institutional Investors (FIIs) were net sellers, offloading ₹2,170.35 crore worth of shares. Domestic Institutional Investors (DIIs) were net buyers, purchasing ₹3,014.30 crore worth of equities.
Block Deals
Several significant block deals were reported:
- Varun Beverages: 1.47 million shares traded at ₹469.65 per share.
- Hero MotoCorp: 83,549 shares exchanged hands at ₹5,363.00 per share.
- Reliance Industries: 517,192 shares traded at ₹1,375.00 per share.
- Bharti Airtel: 634,534 shares changed hands at ₹1,895.30 per share.
Latest Update for Stocks Involved in Block Deals
Hero MotoCorp has appointed Harshavardhan Chitale as Chief Executive Officer effective January 5, 2026. Chitale brings over three decades of global leadership experience across various sectors.
Varun Beverages witnessed a block trade involving approximately 1,890,583 shares at ₹474.25 per share, totaling ₹89.66 crores.
Prime Focus saw significant block deals with market veterans like Ramesh Damani, Utpal Sheth, and Madhusudan Kela's fund acquiring stakes. The stock closed at ₹158.37, hitting a 10% upper circuit.
Key Global Events
Investors will be closely watching for any developments in global economic indicators and policy announcements that could impact market sentiment.
Conclusion
As the markets prepare to open, traders should keep an eye on global cues, FII/DII activity, and sector-specific news for potential trading opportunities. The mixed signals from global markets and commodity trends may lead to a cautious start for domestic indices.
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