Trade Setup: Global Cues Mixed as Markets Eye Key Corporate Actions
By ScanX News Team
GIFT Nifty futures down 0.21%, indicating a soft start. US markets closed mixed, with Dow up 0.43% but NASDAQ down 0.44%. Asian markets divergent: Nikkei -0.13%, Hang Seng +1.62%. Crude oil up 0.74%, gold and silver also rising. FIIs and DIIs were net buyers on July 10. Key corporate actions include results from DMart, dividends from Apollo Tyres and UPL, and AGMs of JSW Energy and Jupiter Life Line Hospital.
*this image is generated using AI for illustrative purposes only.
Introduction
As traders prepare for the opening bell on July 11, 2025, global markets present a mixed picture, setting the stage for a potentially volatile session. With a slew of corporate actions and key economic data on the horizon, investors will be closely watching for directional cues.
GIFT Nifty Update
The GIFT Nifty futures trading on the NSE International Exchange indicate a soft start for the domestic markets. The futures were last trading at 25,283.00, down 0.21% or 53.50 points from the previous close of 25,336.50.
US Markets
Wall Street ended the previous session on a mixed note:
| Index | Change (%) | Closing Price |
|---|---|---|
| Dow Jones Industrial Average | +0.43% | 44,671.63 |
| NASDAQ Composite | -0.44% | 20,845.75 |
| S&P 500 futures | -0.39% | 6,299.00 |
Asian Markets
Asian markets are showing divergent trends in early trade:
| Index | Change (%) | Current Value |
|---|---|---|
| Japan's Nikkei 225 | -0.13% | 39,595.32 |
| Hang Seng Index | +1.62% | 24,417.66 |
Commodity Trends
In the commodities market:
| Commodity | Price (USD) | Change (%) |
|---|---|---|
| WTI Crude | 67.06 | +0.74% |
| Brent Crude | 67.06 | N/A |
| Gold Futures | 3,342.50 | +0.51% |
| Silver Futures | 37.78 | +1.26% |
Currency Updates
| Currency Pair | Current Rate | Change (%) |
|---|---|---|
| EUR/USD | 1.16757 | -0.24% |
| USD/INR | 85.67300 | -0.03% |
FII/DII Activity
On July 10:
- Foreign Institutional Investors (FIIs) were net buyers in the cash market, purchasing shares worth ₹221.06 crore.
- Domestic Institutional Investors (DIIs) also remained bullish, with net buying of ₹591.33 crore.
Key Corporate Actions
Several significant corporate actions are lined up for July 11, including:
- Quarterly results announcements from companies like Avenue Supermarts (DMart), Superhouse, and Nath Bio-Genes.
- Dividend payouts from notable firms such as Apollo Tyres , UPL , and Zydus Wellness .
- Bonus issues from Roto Pumps and Alkosign.
- Annual General Meetings (AGMs) of JSW Energy and Jupiter Life Line Hospital.
Conclusion
As the markets open, traders will be weighing these diverse factors. The mixed global cues, coupled with important corporate actions and economic data releases, could lead to sector-specific movements. Investors are advised to approach the market with caution and keep a close eye on individual stock developments.
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