Trade Setup for Today: Global Cues Mixed as GIFT Nifty Slips Ahead of Opening Bell on August 25
GIFT Nifty down 0.19%, indicating a mildly negative opening. US markets closed mixed, with Dow up 1.89% but NASDAQ down 0.10%. Asian markets show resilience with Nikkei and Hang Seng in green. Commodities mixed: WTI crude up 0.19%, gold down 0.33%. USD/INR at 87.34, up 0.04%. FIIs and DIIs were net sellers on August 22. Notable block deals in GOCL, Oswal Agro, and Apollo Hospitals. Key AGMs scheduled for Aarti Industries, Astral, BPCL, and Nykaa.

*this image is generated using AI for illustrative purposes only.
Market Overview
Global markets are presenting a mixed picture as traders prepare for the opening bell on August 25. While Asian markets show some resilience, US futures indicate a cautious start, setting the stage for an interesting session ahead.
GIFT Nifty Update
The GIFT Nifty is trading at 24,949.50, down 0.19% or 48 points from the previous close. This suggests a mildly negative opening for the domestic indices.
US Markets
Overnight, US markets closed with mixed results:
Index | Closing Value | Change |
---|---|---|
Dow Jones Industrial Average | 45,652.75 | +1.89% |
NASDAQ Composite | 21,473.00 | -0.10% |
Asian Markets
Asian markets are showing mixed trends:
Index | Value | Change |
---|---|---|
Japan's Nikkei 225 | 42,929.26 | +0.69% |
Hong Kong's Hang Seng Index | 25,872.00 | +2.10% |
Commodity Trends
Commodity | Price | Change |
---|---|---|
Crude Oil (WTI) | $63.78/barrel | +0.19% |
Gold futures | $3,407.30/ounce | -0.33% |
Silver futures | $38.85/ounce | -0.54% |
Copper | $4.20/pound | Marginal decline |
Currency Updates
The USD/INR pair is trading at 87.34, up 0.04% from the previous close.
FII/DII Activity
On August 22:
Investor Type | Net Activity | Value |
---|---|---|
Foreign Institutional Investors (FIIs) | Net sellers | ₹1,622.52 crore |
Domestic Institutional Investors (DIIs) | Net sellers | ₹329.25 crore |
Block Deals
Notable block deals on August 22:
Company | Seller | Shares Sold | Price per Share |
---|---|---|---|
GOCL Corporation | Hinduja Capital Limited | 878,620 | ₹386.00 |
Oswal Agro Mills | Alliance Techno Projects Limited | 3,370,782 | ₹76.00 |
Apollo Hospitals | Suneetha Reddy | 1,897,239 | ₹7,850.00 |
Latest Update for Stocks Involved in Block Deals
Suneetha Reddy, a promoter of Apollo Hospitals, plans to sell 18 lakh shares representing a 1.25% stake in the company through a block deal. The transaction is valued at ₹1,395 crore at a price of ₹7,747.00 per share.
Key Corporate Actions
Several companies are holding their Annual General Meetings (AGMs) today, including Aarti Industries, Astral, BPCL, and Nykaa. Investors should watch these stocks for any important announcements or decisions.
Conclusion
The market appears poised for a cautious start with mixed global cues and negative GIFT Nifty trends. Traders should keep an eye on commodity prices, currency movements, and the outcomes of the scheduled corporate events.