Trade Setup for Today: Global Trends and Key Factors Shaping Markets on March 4, 2026

1 min read     Updated on 04 Mar 2026, 08:01 AM
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Naman SScanX News Team
Overview

GIFT Nifty down 0.64%, indicating a soft opening for Indian indices. US markets closed lower, Asian markets mixed. Crude oil up 0.67%, gold rises 1.37%. USD/INR at 92.08. FIIs net sellers, DIIs show strong buying. Key corporate actions and global factors to watch.

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*this image is generated using AI for illustrative purposes only.

Market Overview

As markets open on March 4, 2026, global cues paint a mixed picture. The GIFT Nifty suggests a potentially weak start for domestic indices, while commodity prices show varied movements.

GIFT Nifty Update

The GIFT Nifty is trading at 24,431.00, down 0.64% or 157 points from the previous close. This indicates a potentially soft opening for the NSE Nifty and BSE Sensex.

Global Market Performance

US Markets

Major US indices closed lower in the previous session:

Index Closing Price Change (%)
Dow Jones 48,522.28 -0.82
NASDAQ 22,583.00 -0.43
S&P 500 E-Mini Futures 6,803.00 -0.32

Asian Markets

Asian markets are showing mixed trends:

Index Current Price Change (%)
Nikkei 225 54,310.05 -3.50
Hang Seng 25,345.69 -1.64

Commodity Trends

Commodity Price Change (%)
Crude Oil (WTI) 75.06 +0.67
Gold 5,193.70 +1.37
Silver 85.41 +2.31
Natural Gas 3.02 -1.18

Currency Update

The USD/INR pair is trading at 92.08, up 0.08% from the previous close.

FII/DII Activity

Investor Type Buy (₹ Cr) Sell (₹ Cr) Net (₹ Cr)
FII/FPI 12,737.34 16,032.98 -3,295.64
DII 21,110.66 12,516.79 8,593.87

Corporate Actions

Key corporate events scheduled for today:

  1. Sterlite Technologies: Extraordinary General Meeting
  2. Naperol Investments: Interim Dividend of ₹3 per share
  3. Enbee Trade & Finance: Rights Issue

Key Factors to Watch

  • Global market reactions to recent economic data releases
  • Ongoing geopolitical developments and their impact on commodity prices
  • Domestic institutional buying offsetting foreign investor outflows
  • Corporate earnings and management commentaries

Investors are advised to approach the markets with caution, considering the mixed global cues and ongoing volatility in commodity prices.

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