Trade Setup for Today: Global Cues and Key Events to Watch
By ScanX News Team
GIFT Nifty futures up 0.12%, indicating a firm opening. US markets closed positively, with NASDAQ and Dow Jones up 0.35% and 0.18% respectively. Asian markets mixed: Nikkei 225 rose 0.86%, while Hang Seng fell 0.31%. Crude oil up 0.95%, gold and silver also gained. FIIs sold ₹4,999.10 crore, while DIIs bought ₹6,794.28 crore. Key earnings expected from Apollo Tyres, Titan Company, and Lumax Industries.
*this image is generated using AI for illustrative purposes only.
Pre-Market Sentiment
Global markets set a cautiously optimistic tone as traders brace for a busy session ahead. Key corporate results, economic data releases, and ongoing geopolitical developments are likely to influence market movements throughout the day.
GIFT Nifty Update
GIFT Nifty futures traded at 24,567.00, up 0.12% or 30.50 points from the previous close, indicating a positive start for the broader market.
US Markets
Wall Street ended on a positive note:
| Index | Closing Value | Change (%) |
|---|---|---|
| NASDAQ Composite | 21,421.75 | 0.35% |
| Dow Jones Industrial Average | 44,214.11 | 0.18% |
Asian Markets
Asian indices showed mixed trends:
| Index | Value | Change (%) |
|---|---|---|
| Nikkei 225 | 41,144.65 | 0.86% |
| Hang Seng Index | 24,834.61 | -0.31% |
Commodity Trends
| Commodity | Price | Change (%) |
|---|---|---|
| WTI Crude Oil | 64.96 | 0.95% |
| Gold Futures | 3,443.60 | 0.30% |
| Silver Futures | 38.08 | 0.46% |
FII/DII Activity
| Investor Type | Net Activity (₹ Crore) |
|---|---|
| FIIs | -4,999.10 |
| DIIs | 6,794.28 |
Key Corporate Actions
Several companies are slated to release their quarterly results today, including:
- Apollo Tyres
- Titan Company
- Lumax Industries
Additionally, firms holding their Annual General Meetings include:
- Dabur India
- Godrej Consumer Products
- Page Industries
Conclusion
As the markets open, traders will be closely watching global cues, corporate earnings, and institutional flows. The positive GIFT Nifty indication suggests a firm start, but volatility may persist given the busy corporate calendar and ongoing global developments.
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