Trade Setup: Global Cues Mixed as GIFT Nifty Indicates Flat Start

1 min read     Updated on 07 Jul 2025, 08:00 AM
scanxBy ScanX News Team
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Overview

GIFT Nifty up 0.1% at 25,532.50, hinting at a flat to slightly positive opening. US markets diverge with Dow up 0.77% and NASDAQ down 0.45%. Asian markets mixed, with Nikkei and Hang Seng in red. Crude oil down 1.73%, gold slips 0.59%. USD/INR steady at 85.45. FIIs and DIIs were net sellers in the previous session. Key corporate actions include dividends from Sun Pharma and AGMs for Indian Hotels Company.

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

Introduction

Global markets are showing mixed signals as we head into a new trading session. While some indices are displaying strength, others are facing headwinds, setting the stage for a potentially volatile day ahead.

GIFT Nifty Update

The GIFT Nifty is trading at 25,532.50, up 0.1% or 26 points from the previous close. This suggests a flat to slightly positive opening for the domestic indices.

US Markets

Overnight, US markets showed divergent trends:

Index Close Change
Dow Jones Industrial Average 44,849.53 +0.77%
NASDAQ Composite 20,892.50 -0.45%

The NASDAQ's decline indicates some pressure on technology stocks.

Asian Markets

Asian markets are displaying a mixed picture:

Index Current Change
Nikkei 225 39,611.72 -0.50%
Hang Seng Index 23,852.37 -0.27%

Commodity Trends

Commodity Price Change
WTI Crude (per barrel) $65.84 -1.73%
Gold Futures (per ounce) $3,323.10 -0.59%
Silver Futures (per ounce) $37.12 +0.10%

Currency Updates

The USD/INR pair is currently at 85.45, remaining unchanged from its previous close.

FII/DII Activity

Investor Type Net Activity Amount (₹ crore)
FIIs Net Sellers -760.11
DIIs Net Sellers -1,028.84

Key Corporate Actions

Several companies have important events scheduled for today:

Dividend

  • Dodla Dairy
  • Sun Pharmaceutical
  • Veedol Corporation

AGMs

  • Indian Hotels Company
  • CFF Fluid Control
  • Sagarsoft
  • Dalmia Bharat Sugar & Industries
  • Computer Age Management Services

Quarterly Results

  • Nectar Lifesciences
  • Dipna Pharmachem
  • Take Solutions
  • Balaji Phosphates
  • Siemens Energy India
  • Others

Conclusion

As markets open, investors will be closely watching global cues and domestic factors. The flat GIFT Nifty suggests a cautious start, while corporate actions and quarterly results may provide stock-specific movements throughout the session.

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