Trade Setup for Today: Global Cues and Key Factors to Watch on August 6, 2025
By ScanX News Team
GIFT Nifty up 0.27% at 24,704.00, indicating a positive opening. US markets closed mixed, with S&P 500 futures up 0.16%. Asian markets show mixed trends. Crude oil rises 0.48%, while gold dips slightly. USD/INR at 87.80. FIIs were net sellers, DIIs net buyers in the previous session. Key companies reporting quarterly results include Pidilite Industries and Hero MotoCorp.
*this image is generated using AI for illustrative purposes only.
Market Overview
As markets prepare to open on August 6, 2025, global cues and domestic factors are setting the stage for an interesting session. Let's dive into the key elements shaping today's trading landscape.
GIFT Nifty Update
The GIFT Nifty is trading at 24,704.00, up 0.27% or 66.50 points from the previous close. This suggests a positive start for the domestic indices.
US Markets
Overnight, US markets showed mixed performance:
| Index | Closing Value | Change |
|---|---|---|
| Dow Jones Industrial Average | 44,132.73 | -0.14% |
| NASDAQ Composite | 21,066.00 | 0.04% |
| S&P 500 futures | 6,335.25 | 0.16% |
Asian Markets
Asian markets are displaying a mixed trend in early trade:
| Index | Value | Change |
|---|---|---|
| Japan's Nikkei 225 | 40,806.34 | 0.63% |
| Hong Kong's Hang Seng | 24,836.06 | -0.27% |
Commodity Trends
| Commodity | Price | Change |
|---|---|---|
| Crude Oil (WTI) | $65.47 per barrel | 0.48% |
| Brent Crude | $65.47 per barrel | 0.48% |
| Gold futures | $3,430.10 per troy oz | -0.13% |
| Silver futures | $37.86 per troy oz | 0.10% |
| Copper futures | $4.20 per pound | -0.06% |
Currency Updates
The USD/INR pair is trading at 87.80, up 0.02% from the previous close.
FII/DII Activity
- Foreign Institutional Investors (FIIs) were net sellers on August 5, offloading ₹22.48 crore worth of shares
- Domestic Institutional Investors (DIIs) were net buyers, purchasing ₹3,840.39 crore worth of shares
Key Events to Watch
Several companies are scheduled to report their quarterly results today, including:
- Pidilite Industries
- Hero MotoCorp
- Trent
- Birlasoft
- Blue Star
Additionally, multiple companies are holding their Annual General Meetings (AGMs) today, which may impact their stock movements.
Conclusion
With mixed global cues, ongoing quarterly results, and institutional trading activity, markets are poised for an eventful session. Investors should keep a close eye on sector-specific news and broader economic indicators as they make their trading decisions.
16
