Trade Setup for Today: Global Trends and Key Factors Shaping the Session
GIFT Nifty futures at 25,420 indicate a slightly positive opening. US markets closed lower, with NASDAQ down 1.38%. Asian markets mixed, Hang Seng drops 2.08%. Commodities show volatility: Gold down 8.35%, Silver plunges 31.37%. USD/INR at 91.64. FIIs and DIIs net buyers. Investors cautious amid mixed global signals and commodity market fluctuations.
*this image is generated using AI for illustrative purposes only.
Market Overview
Global markets present a mixed picture, with several key factors influencing sentiment as we begin the trading session.
GIFT Nifty Update
The GIFT Nifty futures trading at 25,420 indicate a slightly positive start for the domestic indices, up 16 points from the previous close.
US Markets
U.S. stocks closed lower in the previous session:
| Index | Closing Price | Change | % Change |
|---|---|---|---|
| Dow Jones | 48,913.48 | -179.09 | -0.36% |
| NASDAQ | 23,595.00 | -329.25 | -1.38% |
| S&P 500 E-Mini Futures | 6,965.75 | -27.00 | -0.39% |
Asian Markets
Asian markets are showing mixed trends:
| Index | Current Price | Change | % Change |
|---|---|---|---|
| Nikkei 225 | 53,322.85 | -52.75 | -0.10% |
| Hang Seng | 27,387.11 | -580.98 | -2.08% |
Commodity Trends
Key commodities are experiencing significant movements:
| Commodity | Price (USD) | Change | % Change |
|---|---|---|---|
| Crude Oil | 65.21 | -0.21 | -0.32% |
| Gold | 4,907.50 | -447.30 | -8.35% |
| Silver | 78.53 | -35.90 | -31.37% |
| Natural Gas | 4.35 | +0.44 | +11.13% |
Currency Updates
The USD/INR pair is trading at 91.64, down 0.12% from the previous close.
FII/DII Activity
Recent institutional activity shows:
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII | 7,850.45 | 7,560.65 | +289.80 |
| DII | 15,349.56 | 14,672.18 | +677.38 |
Block Deals
Notable block deals:
| Company | Buyer | Seller | Quantity | Price (₹) |
|---|---|---|---|---|
| IIFL Finance | BOFA Securities Europe SA | Morgan Stanley Asia (Singapore) Pte. | 1,700,000 | 532.40 |
Key Corporate Actions
Latent View Analytics is scheduled to announce its quarterly results today.
Global Events
Markets will be closely watching for any developments in global trade relations and central bank policies.
Conclusion
As we enter the trading session, investors should remain cautious given the mixed global cues and significant movements in commodity markets. The positive institutional activity could provide some support to domestic markets.
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