Trade Setup for Today: Key Things to Know Before the Opening Bell on August 10, 2026
Indian markets may open lower with GIFT Nifty down 61 points at 24,658.50, despite positive momentum in Asian markets led by Nikkei's 2.08% surge. US markets showed mixed performance with NASDAQ gaining 1.28% while S&P remained flat. Crude oil rose 0.65% to $78.69, but gold declined 0.32%. Rupee weakened slightly to 95.20 against dollar. Institutional investors remained net buyers with FIIs infusing ₹480 crores and DIIs adding ₹236 crores. Key earnings from Bosch, Zee Entertainment, and Vodafone Idea will be market movers today.
*this image is generated using AI for illustrative purposes only.
Global markets are showing mixed signals as traders prepare for another session, with Asian indices gaining ground while commodity prices display varied movements. Here's what you need to know before the markets open.
GIFT Nifty Update
SGX Nifty futures are trading at 24,658.50, down 61.00 points (-0.25%) from the previous close of 24,719.50. This suggests a cautious start for domestic indices, with the Nifty 50 having closed at 24,570.65 in the previous session.
Asian Markets
Asian markets are showing positive momentum this morning:
| Index | Current Level | Change | Change % |
|---|---|---|---|
| Nikkei 225 | 66,974.05 | +1,367.34 | +2.08% |
| Hang Seng | 25,787.00 | +118.96 | +0.46% |
The strong performance in Japanese and Hong Kong markets could provide some support to regional sentiment.
US Markets
US indices closed with mixed performance in the previous session:
| Index | Level | Change | Change % |
|---|---|---|---|
| Dow Jones | 54,057.93 | +151.83 | +0.28% |
| NASDAQ | 26,707.48 | +338.13 | +1.28% |
| S&P 500 (E-Mini) | 7,778.25 | -1.50 | -0.02% |
The NASDAQ's strong gain of over 1% highlights continued strength in technology stocks, while the Dow posted modest gains.
Commodity Trends
Commodity markets are showing mixed signals:
| Commodity | Price (USD) | Change | Change % |
|---|---|---|---|
| Crude Oil (WTI) | 78.69 | +0.51 | +0.65% |
| Gold Futures | 4,385.60 | -14.10 | -0.32% |
| Silver Futures | 63.80 | +0.30 | +0.47% |
| Natural Gas | 2.73 | +0.07 | +2.44% |
| Copper | 6.61 | +0.02 | +0.26% |
Crude oil continues its upward trajectory, while gold faces some selling pressure. Natural gas shows the strongest gains among major commodities.
Currency Updates
The USD/INR pair is trading at 95.20, up 0.08 (+0.09%) from the previous close. The rupee remains under slight pressure against the dollar.
FII/DII Activity
Institutional activity shows positive sentiment:
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 12,941.31 | 12,461.07 | +480.24 |
| DII | 15,679.58 | 15,444.02 | +235.56 |
Both foreign and domestic institutional investors were net buyers, with FIIs showing stronger inflows of ₹480.24 crores.
Block Deals
A significant block deal was executed involving:
| Company | Seller | Buyer | Shares | Price (₹) |
|---|---|---|---|---|
| Trident | Madhuraj Foundation | Trident Group Limited | 13 Cr | 24.90 |
This represents a transaction worth approximately ₹323.70 crores.
Latest Update for Stocks Involved in Block Deals
Trident Limited has been active with several corporate developments. The company recently held its 36th AGM, approving key resolutions including NCD issuance and ESOPs. Additionally, Trident appointed Pardeep Kumar Markanday as CEO for its Yarn division, leveraging his 40 years of experience. The company reported strong Q1FY26 results with consolidated net profit rising 49.80% to ₹1,580.90 million, while revenue grew 9.40% to ₹17,868.30 million.
Key Global Events
With several companies scheduled to announce quarterly results today, including major names like Bosch, Zee Entertainment, and Vodafone Idea, market participants will be closely watching for earnings surprises. Additionally, dividend payments are due for several companies including Jio Financial Services, Indus Towers, and RITES.
Conclusion
Markets are set for a cautious opening with mixed global cues. While Asian markets provide some positive momentum, the slight decline in GIFT Nifty suggests consolidation may continue. Institutional buying support and strong commodity performance in select segments could provide stability. Traders should monitor earnings announcements and global developments throughout the session.
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