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
scanx
Reviewed by
Naman SScanX News Team
AI Summary

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.

powered bylight_fuzz_icon
34137068

*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.

like16
dislike
Must Read Next

Earnings

Corporate Actions

Stocks