Trade Setup: Global Cues Mixed as Markets Await Key Earnings
By ScanX News Team
GIFT Nifty futures down 0.12%, indicating a slightly negative start. US markets closed mixed, with Dow Jones down 0.32%. Asian indices show mixed trends. Crude oil up 0.14%, gold steady. USD/INR at 86.11. FIIs and DIIs were net buyers in the previous session. Key companies like UltraTech Cement and Havells India to announce quarterly results.
*this image is generated using AI for illustrative purposes only.
Pre-Market Overview
As traders prepare for the opening bell on July 21, 2025, global markets present a mixed picture, setting the stage for a potentially volatile session ahead.
GIFT Nifty Update
GIFT Nifty futures traded at 24,991.50, down 0.12% or 30 points from the previous close, indicating a slightly negative start for the broader market.
US Markets
The Dow Jones Industrial Average closed at 44,363.18, down 0.32% or 142.32 points. The NASDAQ Composite ended flat at 21,149.25, while the S&P 500 futures (E-Mini) stood at 6,334.75.
Asian Markets
Asian indices showed mixed trends:
- Japan's Nikkei 225 was down 0.21% at 39,819.11
- Hong Kong's Hang Seng Index rose 0.66% to 24,990.22
Commodity Trends
| Commodity | Price | Change |
|---|---|---|
| Crude Oil (WTI) | $66.14/barrel | +0.14% |
| Brent Crude | $66.14/barrel | - |
| Gold futures | $3,358.30/ounce | Steady |
| Silver futures | $38.46/ounce | Unchanged |
| Copper futures | $4.20/pound | -0.06% |
Currency Updates
The USD/INR pair was trading at 86.11, down 0.02%.
FII/DII Activity
On July 18, 2025:
- Foreign Institutional Investors (FIIs) were net buyers, purchasing stocks worth ₹374.74 crore
- Domestic Institutional Investors (DIIs) were also net buyers, with purchases of ₹2,103.51 crore
Key Corporate Actions
Several companies are slated to announce their quarterly results today, including:
- UltraTech Cement
- Havells India
- PNB Housing Finance
- Oberoi Realty
Additionally, companies like Shree Cement, Orient Bell, and Thangamayil Jewellery will trade ex-dividend.
Conclusion
As the market opens, investors will be closely watching the quarterly results and global cues. The mixed global sentiment and upcoming earnings reports are likely to influence trading patterns throughout the session.
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