Stock Market Today: Global Cues Set Positive Tone for March 14 Session
By ScanX News Team
GIFT Nifty futures at 22,427 suggest a marginally positive opening. US markets closed higher with S&P 500 futures up 0.68%. Gold touches $3,001.20/oz, while crude oil gains 0.62% to $66.96/barrel. USD/INR at 86.971, up 0.11%. FIIs were net sellers of ₹5,729.68 crore, while DIIs bought ₹5,499.47 crore on March 10.
*this image is generated using AI for illustrative purposes only.
Market Overview
As traders gear up for the March 14, 2025 session, global cues paint a largely positive picture, potentially setting the stage for an upbeat start.
GIFT Nifty Update
The GIFT Nifty futures trading at 22,427 indicate a marginally positive opening for the benchmark indices. This slight uptick of 0.01% or 1.5 points from the previous close suggests a steady start to the day's trading.
US Markets
Overnight, Wall Street showed strength with the E-Mini S&P 500 futures climbing 0.68% to 5,565.25. This upward momentum in US markets could provide a boost to sentiment.
Asian Markets
While specific Asian market data is not provided, the positive trend in US futures typically bodes well for Asian indices, potentially influencing the opening sentiment.
Commodity Trends
The commodities market presents a mixed picture:
| Commodity | Price | Change (%) |
|---|---|---|
| Crude Oil | $66.96 | +0.62% |
| Gold | $3,001.20 | +0.33% |
| Silver | $34.58 | +0.80% |
| Copper | $4.1995 | -0.06% |
| Natural Gas | $4.039 | -1.75% |
Gold continues its bullish run, touching $3,001.20 per ounce, while crude oil shows modest gains at $66.96 per barrel. These movements may impact energy and metal sector stocks.
Currency Updates
The USD/INR pair is trading at 86.971, up by 0.11%. This slight depreciation of the rupee against the dollar may affect import-dependent sectors and IT companies.
FII/DII Activity
Recent institutional activity shows contrasting trends:
| Investor Type | Net Buy/Sell (₹ Crore) |
|---|---|
| FII (Mar 10) | -5,729.68 |
| DII (Mar 10) | +5,499.47 |
Foreign Institutional Investors (FIIs) remained net sellers, while Domestic Institutional Investors (DIIs) continued their buying spree, potentially balancing market dynamics.
Key Global Events
While no specific global events are mentioned, traders should stay alert to any geopolitical developments or economic data releases that could impact market sentiment during the session.
Conclusion
The stage seems set for a cautiously optimistic start, with positive cues from US markets and steady commodity prices. However, currency movements and institutional trading patterns warrant close attention as the day unfolds.
