Trade Setup: Global Cues Mixed as Markets Eye Key Economic Data
By ScanX News Team
GIFT Nifty futures down 0.10%, indicating a slightly negative start for Indian markets. US markets closed mixed, with Dow up 0.08% and NASDAQ down 0.45%. Asian markets showing mixed trends. Crude oil up 2.06%, while gold edges lower. FIIs were net buyers, DIIs net sellers in the previous session. Traders to watch for key economic data releases and Kirloskar Pneumatic Company's AGM.
*this image is generated using AI for illustrative purposes only.
Introduction
Global markets are showing mixed signals as traders prepare for the opening bell on June 23, 2025. With key economic data on the horizon, investors are cautiously positioning themselves across various asset classes.
GIFT Nifty Update
GIFT Nifty futures were trading at 24,997.00, down 0.10% or 25.50 points, indicating a slightly negative start for the broader index in India.
US Markets
The Dow Jones Industrial Average closed marginally higher, gaining 0.08% or 35.14 points to 42,227.81. However, the NASDAQ Composite ended lower by 0.45%, shedding 88.25 points to close at 19,681.50.
Asian Markets
Asian markets are displaying a mixed trend:
- Japan's Nikkei 225 was down 0.47%, trading at 38,222.91.
- Hong Kong's Hang Seng Index fell 0.42% to 23,432.00.
Commodity Trends
- Crude Oil: WTI crude futures rose 2.06% to $75.36 per barrel.
- Gold: Gold futures edged lower by 0.18% to $3,379.50 per ounce.
- Natural Gas: Natural gas futures gained 1.61% to $3.91.
Currency Updates
The EUR/USD pair was trading at 1.1504, down 0.19% from the previous close.
FII/DII Activity
| Category | Buy (₹ Cr) | Sell (₹ Cr) | Net (₹ Cr) |
|---|---|---|---|
| FII/FPI | 52,411.51 | 44,470.81 | 7,940.70 |
| DII | 24,208.65 | 27,258.53 | -3,049.88 |
Foreign Institutional Investors (FIIs) were net buyers, while Domestic Institutional Investors (DIIs) were net sellers in the previous session.
Key Global Events
Investors should keep an eye on upcoming economic data releases and central bank communications that could impact market sentiment.
Corporate Actions
Kirloskar Pneumatic Company (KIRLPNU) has scheduled its Annual General Meeting for today. Shareholders should check for important updates and decisions from the meeting.
As markets prepare to open, traders will be closely monitoring global cues and domestic factors that could influence today's trading session.
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