Trade Setup: Global Cues Mixed as Markets Eye Key Corporate Actions
GIFT Nifty down 0.10% at 26,390.00 points. Global markets show mixed trends with Dow Jones up 1.23% and S&P 500 Futures marginally positive. Commodities mixed: Crude Oil down 0.45%, Gold up 0.36%. USD/INR at 90.15, down 0.04%. FIIs net sellers, DIIs net buyers. Key corporate events and block deal in Swiggy shares to watch.
*this image is generated using AI for illustrative purposes only.
GIFT Nifty Update
The GIFT Nifty is indicating a muted start for Indian markets, trading at 26,390.00 points, down 0.10% or 27.50 points from the previous close.
Global Market Overview
Global markets are showing mixed trends as we head into today's trading session:
| Index | Price | Change | % Change |
|---|---|---|---|
| Dow Jones | 48,998.19 | +594.79 | +1.23% |
| NASDAQ | 23,413.25 | +156.62 | +0.67% |
| S&P 500 Futures | 6,947.25 | +3.50 | +0.05% |
| FTSE 100 | 10,004.57 | +53.43 | +0.54% |
| Nikkei 225 | 52,220.20 | +387.40 | +0.75% |
| Hang Seng | 26,716.14 | +368.89 | +1.40% |
Commodity Trends
| Commodity | Price | Change | % Change |
|---|---|---|---|
| Crude Oil (WTI) | 58.06 | -0.26 | -0.45% |
| Gold | 4,467.60 | +16.10 | +0.36% |
| Silver | 77.19 | +0.53 | +0.69% |
| Natural Gas | 3.47 | -0.05 | -1.50% |
Currency Update
The USD/INR pair is trading at 90.15, down 0.04% from the previous close.
FII/DII Activity
| Investor Type | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 11,277.44 | 11,313.69 | -36.25 |
| DII | 15,565.79 | 13,801.72 | +1,764.07 |
Corporate Actions
Several companies have important events scheduled for today:
- IRBIT: Extraordinary General Meeting
- ABCINDQ, VIJIFIN, CROISSANCE: Quarterly Result Announcements
- RAJSEC, ARUNIS, SMTEL: Extraordinary General Meetings
- WINSOME: Annual General Meeting
Investors should monitor these events for potential market-moving updates.
Block Deal Spotlight
A significant block deal was reported in Swiggy shares:
| Buyer | Seller | Quantity | Price per Share |
|---|---|---|---|
| Cyrus Soli Poonawalla | Serum Institute of India Private Limited | 1,123,500 | ₹377.00 |
This transaction, valued at approximately ₹42.35 crore, indicates strong institutional interest in the food delivery platform.
Latest Swiggy Updates
- Swiggy has introduced the 'EatRight' category, featuring 1.8 million healthy dishes from over 200,000 restaurants across India.
- The company's New Year's Eve data reveals diverse food trends, with biryani maintaining its top position for the 10th consecutive year.
- Delhi placed 4.22 crore orders on Zomato, outpacing Mumbai in food delivery demand.
As markets open, traders and investors should keep these factors in mind while making their decisions. Stay tuned for further updates throughout the trading session.
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