Trade Setup for Today: Global Cues and Key Factors to Watch on August 8, 2025

Market Overview

As traders prepare for the opening bell on August 8, 2025, global cues and domestic factors are setting the stage for an interesting session. Let's dive into the key developments that could shape today's trading.

GIFT Nifty Update

The GIFT Nifty futures are trading at 24,644.50, up 0.05% or 11.50 points from the previous close. This suggests a mildly positive start for the domestic indices.

US Markets

Overnight, Wall Street saw mixed results:

• The Nasdaq Composite closed 0.37% higher at 21,501.00 points
• The Dow Jones Industrial Average ended 0.51% lower at 43,989.63

Asian Markets

Asian markets are showing a mixed trend:

• The Nikkei 225 is up 2.04% at 41,896.37
• The Hang Seng Index is down 0.52% at 24,950.33

Commodity Trends

In the commodities market:

• Crude Oil (WTI) is trading flat at $63.88 per barrel
• Gold futures are up 1.19% at $3,494.70 per ounce
• Silver futures have gained 0.62% to $38.53 per ounce
• Copper futures are marginally down 0.06% at $4.20 per pound

Currency Updates

The USD/INR pair is trading at 87.47, up 0.08% from the previous close.

FII/DII Activity

On August 7:

• Foreign Institutional Investors (FIIs) were net sellers, offloading shares worth ₹4,997.19 crore
• Domestic Institutional Investors (DIIs) were net buyers, purchasing shares worth ₹10,864.04 crore

Key Global Events

Investors should keep an eye on the quarterly results of several companies scheduled for today, including Siemens, Grasim Industries, and Mankind Pharma.

Conclusion

As the market opens, traders should watch for the impact of global cues, especially the mixed signals from US markets and the positive trend in some Asian indices. The flat crude oil prices and strengthening gold could influence related sectors. Keep a close eye on FII/DII activity and the currency movements for further market direction.