Top Things You Must Know Before the Market Opens!

The GIFT Nifty hints at a flat start for Indian markets, with Nifty futures trading slightly lower at 23,188.50 as of 7:20 am IST.

Market Update 8:15 AM: U.S. equities hit new highs on Thursday, with the S&P 500 closing at a record and the Nasdaq crossing 20,000. The Dow also extended its winning streak, driven by optimism from corporate earnings and President Trump's remarks on interest rates and oil prices.

Asian markets opened higher on Friday, buoyed by a strong rebound in technology stocks that fueled Wall Street's rally.

The GIFT Nifty hints at a positive start for Indian markets, with Nifty futures trading slightly lower at 23,303.50 as of 7:20 am IST.

India’s benchmark indices, Sensex and Nifty, extended their gains for a second day on January 23, closing higher, albeit below intraday peaks. Broader markets, particularly midcap and smallcap indices, outperformed after recovering from the prior session's selloff.

U.S. Treasury yields continued their downward trend early Friday, with the 10-Year yield dropping 22 basis points to 4.63 per cent and the 2-Year yield falling 35 basis points to 4.27 per cent.

The dollar index, which tracks the greenback against six major peers, edged slightly higher in early trade on Friday, standing at 108.25.

WTI crude oil futures slid toward USD 74 per barrel on Friday, marking its sixth straight decline and worst weekly performance since November. The drop followed President Trump's push for lower oil prices during his Davos address.

Foreign Institutional Investors (FIIs) remained net sellers for the 15th consecutive session, offloading equities worth Rs 5,462.52 crore on January 23. Domestic Institutional Investors (DIIs), however, countered the selling pressure by purchasing equities worth Rs 3,712 crore on the same day.

Aditya Birla Fashion and Retail, Bandhan Bank, Can Fin Homes, Dixon Technologies, IndiaMART InterMESH, L&T Finance, Manappuram Finance, Mahanagar Gas, and Punjab National Bank are under F&O ban today.

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