Stock Market Today: Global Cues Point to a Strong Start on March 15, 2025

1 min read   |   Updated on 15 Mar 2025, 08:00 AM
scanxBy ScanX News Team
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Overview

GIFT Nifty indicates a flat to positive start at 22,543.5. US markets closed strong with S&P 500 futures up 1.83%. Asian markets show mixed trends. Crude oil rises 0.95% to $67.18/barrel, while gold edges up to $2,993.6/oz. USD/INR at 86.921, up 0.05%. FIIs were net sellers (-₹5,729.68 Cr) while DIIs were net buyers (₹5,499.47 Cr) on March 10.

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*this image is generated using AI for illustrative purposes only.

Market Overview

As traders prepare for the opening bell on March 15, 2025, global cues suggest a positive start to the session. The GIFT Nifty futures indicate a robust opening, while overnight gains in US markets and mixed trends in Asian indices set the stage for an interesting day of trading.

GIFT Nifty Update

The GIFT Nifty is trading at 22,543.5, unchanged from its previous close. This suggests a flat to slightly positive opening for the broader market.

US Markets

Wall Street closed on a strong note, with the E-Mini S&P 500 futures surging 1.83% to 5,628.75. The Dow futures also showed significant strength, rising 1.44% to 41,401.

Asian Markets

Asian markets are displaying mixed trends in early trade, with investors closely monitoring global economic cues and commodity price movements.

Commodity Trends

Crude Oil

WTI Crude oil prices have shown resilience, rising 0.95% to $67.18 per barrel. This uptick could impact energy sector stocks and overall market sentiment.

Precious Metals

Gold futures are trading slightly higher at $2,993.6 per ounce, up 0.08%. Silver futures have also edged up by 0.17% to $34.365 per ounce. The continued strength in precious metals reflects ongoing global economic uncertainties.

Base Metals

Copper futures are marginally lower, down 0.06% at $4.1995 per pound, which may influence mining and metal stocks.

Currency Updates

The USD/INR pair is trading at 86.921, up 0.05%, indicating a slight weakening of the rupee against the dollar. The EUR/USD is at 1.08814, showing a 0.28% increase.

FII/DII Activity

Recent data shows contrasting activities between Foreign Institutional Investors (FIIs) and Domestic Institutional Investors (DIIs):

Investor Type Buy (₹ Cr) Sell (₹ Cr) Net (₹ Cr)
FII (10-03-2025) 42,829.14 48,558.82 -5,729.68
DII (10-03-2025) 42,322.74 36,823.27 5,499.47

DIIs have been net buyers, potentially offsetting some of the FII outflows.

Key Global Events

Traders should keep an eye on any developments in global economic policies and geopolitical situations that could impact market sentiment during the day.

Conclusion

While global cues are generally positive, with strong performances in US markets and stable commodity prices, the mixed Asian market trends and FII outflows suggest a cautiously optimistic approach may be warranted as the markets open.

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