Trade Setup for Today: Global Cues and Key Events to Watch on January 8, 2026
GIFT Nifty indicates a flat start at 26,185 (-0.05%). US markets diverged with Dow down 0.94% and NASDAQ up 0.17%. Asian markets mixed: Nikkei -0.47%, Hang Seng -1.36%. Crude oil up 0.70%, gold down 0.26%. USD/INR at 89.87 (+0.05%). FIIs sold net ₹1,527.71 Cr, DIIs bought net ₹2,889.32 Cr. Several EGMs and quarterly results scheduled.
*this image is generated using AI for illustrative purposes only.
As we kick off another trading session, global markets present a mixed picture, with key events and corporate actions shaping the day ahead. Let's dive into the factors that could influence market sentiment today.
GIFT Nifty Update
The GIFT Nifty futures indicate a muted start for the domestic markets:
| Index | Price | Change | % Change |
|---|---|---|---|
| GIFT Nifty | 26,185.00 | -13.50 | -0.05% |
US Markets
Overnight, US markets showed divergent trends:
| Index | Price | Change | % Change |
|---|---|---|---|
| Dow Jones | 49,017.07 | -466.02 | -0.94% |
| NASDAQ | 23,607.87 | +39.70 | +0.17% |
The Dow Jones faced pressure, while the tech-heavy NASDAQ managed to eke out gains.
Asian Markets
Asian indices are displaying mixed signals in early trade:
| Index | Price | Change | % Change |
|---|---|---|---|
| Nikkei 225 | 51,718.36 | -243.62 | -0.47% |
| Hang Seng | 26,100.00 | -358.96 | -1.36% |
Commodity Trends
Key commodities are showing varied movements:
| Commodity | Price (USD) | Change | % Change |
|---|---|---|---|
| Crude Oil | 56.38 | +0.39 | +0.70% |
| Gold | 4,451.00 | -11.50 | -0.26% |
| Silver | 78.04 | +0.43 | +0.55% |
| Natural Gas | 3.58 | +0.06 | +1.56% |
Currency Updates
The USD/INR pair is trading at 89.87, up 0.05% from the previous close.
FII/DII Activity
Recent institutional activity shows contrasting trends:
| Investor Type | Date | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|---|
| FII | 2026-01-07 | 14,663.53 | 16,191.24 | -1,527.71 |
| DII | 2026-01-07 | 18,364.76 | 15,475.44 | +2,889.32 |
Key Corporate Actions
Several companies have scheduled important events today:
Extraordinary General Meetings (EGMs): NDA Securities, Velox Shipping and Logistics, Olatech Solutions, Freshara Agro Exports, Resourceful Automobile, Maxvolt Energy Industries, Chowgule Steamships, and Vipul Ltd.
Quarterly Result Announcements: Yuranus Infrastructure, Eimco Elecon, Elecon Engineering Company, Toyam Sports, Transformers & Rectifiers, and Madhya Bharat Agro.
Investors should keep an eye on these events for potential market-moving news.
Conclusion
As we enter today's session, a mix of global cues, commodity trends, and corporate actions are likely to influence market sentiment. Traders and investors should stay alert to these factors while making their decisions.
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