Trade Setup: Global Cues Mixed as Markets Eye Key Earnings
GIFT Nifty indicates a flat to slightly negative opening for Indian indices. U.S. stocks closed higher, while Asian markets show mixed trends. Crude oil remains stable, and gold sees a slight dip. DIIs showed strong buying interest, while FIIs were net sellers. Investors await key economic data releases and central bank decisions.
*this image is generated using AI for illustrative purposes only.
Global Market Sentiment
Global markets present a mixed picture as traders navigate through a sea of corporate earnings and economic data. The GIFT Nifty futures indicate a cautious start for domestic indices.
GIFT Nifty Update
GIFT Nifty is trading at 26,053.50, down 0.03% from the previous close, suggesting a flat to slightly negative opening for the NSE Nifty.
US Markets
U.S. stocks closed higher in the previous session:
| Index | Change (%) |
|---|---|
| Dow Jones | +0.71 |
| S&P 500 | +0.07 |
| Nasdaq | +0.06 |
Investors are digesting a slew of earnings reports and awaiting key economic data releases later this week.
Asian Markets
Asian markets are showing mixed trends in early trade:
| Index | Change (%) |
|---|---|
| Nikkei 225 | -0.34 |
| Hang Seng | -0.16 |
Traders are cautious ahead of the Bank of Japan's monetary policy decision and China's PMI data.
Commodity Trends
| Commodity | Price | Change (%) |
|---|---|---|
| Crude Oil (WTI) | $61.32 | +0.02 |
| Gold | $4,018.00 | -0.04 |
| Silver | $46.99 | +0.46 |
| Natural Gas | $3.40 | -1.31 |
Oil prices remain stable as markets weigh supply concerns against demand worries. Gold sees a slight dip as investors await U.S. economic data.
Currency Updates
The USD/INR pair is trading at 88.14, down 0.04% from the previous close.
FII/DII Activity
| Investor Type | Net Buy/Sell (₹ Crore) |
|---|---|
| FIIs | -55.58 |
| DIIs | +2,492.12 |
Domestic institutional investors (DIIs) showed strong buying interest, while foreign institutional investors (FIIs) were net sellers in the previous session.
Block Deals
Recent block deals in 360ONE:
| Buyer/Seller | Quantity | Price (₹) |
|---|---|---|
| WF Asian Reconnaissance Fund Ltd (Seller) | 4,385,856 | 1,179.70 |
| WF Asian Smaller Companies Fund Ltd (Buyer) | 5,330,128 | 1,179.70 |
| WF Asian Smaller Companies Fund Ltd (Seller) | 944,272 | 1,179.70 |
Latest Update for 360ONE
360 ONE WAM reported its highest quarterly profit of ₹316 crores, up 28% year-on-year. Total ARR AUM increased 22% to ₹2,95,000 crores with Wealth ARR AUM crossing ₹2 lakh crores. The company recorded strong net flows of ₹32,132 crores in H1 FY26. The Board approved a second interim dividend of ₹6 per share.
Key Global Events
- Bank of Japan monetary policy decision
- China PMI data release
- U.S. consumer confidence and job openings data
Conclusion
Markets are poised for a cautious start as investors balance positive earnings reports against upcoming economic data releases. The mixed global cues and recent institutional activity may influence trading sentiment.
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