January 31: Top Things You Must Know Before the Market Opens!

The GIFT Nifty suggests a positive opening for Indian markets, with Nifty futures trading at 23,440.5 as of 7:00 AM IST.

Market Update 8:15 AM: U.S. stocks ended a volatile session on a positive note Thursday as investors assessed a series of key earnings reports. The Dow Jones Industrial Average climbed 168.61 points (0.38 per cent) to close at 44,882.13. The S&P 500 advanced 31.86 points (0.53 per cent) to end at 6,071.17, while the Nasdaq Composite edged up 49.43 points (0.25 per cent) to finish at 19,681.75.

Asian markets traded on a mixed note Friday, weighed down by weakness in technology shares. Meanwhile, U.S. futures ticked higher following strong results from Apple Inc.

The GIFT Nifty suggests a positive opening for Indian markets, with Nifty futures trading at 23,440.5 as of 7:00 AM IST.

Indian equity markets extended their recovery for the third straight session on January 30, as investors optimism remained high ahead of the Union Budget on Saturday and the Reserve Bank of India's (RBI) upcoming policy review next week.

By market close, the Sensex had gained 226.85 points (0.3 per cent) to settle at 76,759.81, while the Nifty advanced 86.4 points (0.3 per cent) to end at 23,249.5.

U.S. Treasury yields moved higher, with the 10-year yield rising 36 basis points to 4.53 per cent, while the 2-year yield increased 24 basis points to 4.21 per cent in early Friday trade.

The U.S. dollar strengthened slightly to 108.17 against major currencies, including the yen and the euro, as traders evaluated new tariff risks, slower-than-expected U.S. economic growth, and an interest rate cut by the European Central Bank.

WTI crude oil futures climbed above USD 73 per barrel on Friday, extending gains from the prior session, as investors sought more clarity on President Trump’s impending tariff deadline. Trump reaffirmed his plan to implement 25 per cent tariffs on Canada and Mexico starting Saturday but suggested he was still contemplating whether to exclude oil from the tariffs.

On January 30, Foreign Institutional Investors (FIIs) continued their selling streak, offloading Indian equities worth Rs 4,582.95 crore. Meanwhile, Domestic Institutional Investors (DIIs) stepped in, purchasing equities worth Rs 2,165.89 crore.

No stocks are under the F&O ban today.

Disclaimer: The article is for informational purposes only and not investment advice.