Trade Setup: Gold Surges, GIFT Nifty Slips Ahead of Market Open
GIFT Nifty indicates a muted start, trading at 24,758.00 (-0.03%). US markets closed mixed, with Dow up 0.18% but NASDAQ down 0.46%. Asian markets diverge: Nikkei -1.14%, Hang Seng +0.87%. Gold and silver surge, up 0.57% and 2.34% respectively. USD/INR at 88.82 (+0.03%). FIIs sold ₹2,327.09 crore, while DIIs bought ₹5,761.63 crore on 30-09-2025. NIBE secures ₹29.22 crore order for defence components.
*this image is generated using AI for illustrative purposes only.
Global Market Sentiment
As we approach the opening bell, global markets present a mixed picture, with commodities showing strength while equity futures indicate caution.
GIFT Nifty Update
The GIFT Nifty is trading at 24,758.00, down 0.03% or 8.00 points from the previous close. This suggests a muted start for the NSE and BSE.
US Markets
Overnight, US markets closed with mixed results:
| Index | Change | Closing Price |
|---|---|---|
| Dow Jones | +0.18% | 46,418.90 |
| NASDAQ | -0.46% | 22,721.00 |
| S&P 500 Futures | -0.38% | 6,713.25 |
Asian Markets
Asian markets are showing divergent trends:
| Index | Change | Current Level |
|---|---|---|
| Nikkei 225 | -1.14% | 44,419.97 |
| Hang Seng | +0.87% | 26,855.56 |
Commodity Trends
Gold and silver are shining bright in early trade:
| Commodity | Price (USD) | Change |
|---|---|---|
| Gold | 3,895.20 | +0.57% |
| Silver | 47.73 | +2.34% |
| Crude Oil | 62.49 | +0.19% |
| Natural Gas | 3.34 | +1.18% |
Currency Updates
The USD/INR pair is trading at 88.82, up 0.03%.
FII/DII Activity
Recent institutional activity shows:
| Investor Type | Net Buy/Sell (₹ Crore) |
|---|---|
| FII (30-09-2025) | -2,327.09 |
| DII (30-09-2025) | +5,761.63 |
Block Deals
A significant block deal was reported:
- Company: NIBE
- Seller: AEGIS INVESTMENT FUND
- Buyer: VENUS INVESTMENTS VCC - VENUS STELLAR FUND
- Quantity: 277,877 shares
- Price: ₹1,451.00 per share
Latest Update for NIBE
Nibe Limited recently secured purchase orders worth ₹29.22 crores from a leading infrastructure and defence company. The orders involve supplying trackway and breech casing components, to be delivered by December 2026.
Key Global Events
Investors should keep an eye on upcoming corporate actions, with Trustedge Capital announcing rights issue in the ratio of 49:85.
Conclusion
As markets prepare to open, the focus remains on commodity strength, particularly in precious metals, while equity futures suggest a cautious start. Institutional flows and sector-specific developments will likely influence trading patterns throughout the session.
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