Top Things You Must Know Before the Market Opens!
The GIFT Nifty suggests a subdued opening for Indian markets, with Nifty futures trading lower at 22,975 as of 7:20 am IST.
Market Update 8:15 AM: U.S. equities ended Friday's session in the red as investors took a step back to assess mixed economic data and earnings reports while gearing up for a week of critical economic releases and the Federal Reserve meeting. The Dow Jones Industrial Average dipped 140.82 points (0.32 per cent) to 44,424.25, the S&P 500 slid 17.47 points (0.29 per cent) to 6,101.24, and the Nasdaq Composite dropped 99.38 points (0.50 per cent) to close at 19,954.30.
Asian markets traded higher in early hours on Monday despite lingering caution due to President Donald Trump’s decision to implement tariffs and sanctions on Colombia, citing immigration-related disputes.
The GIFT Nifty suggests a subdued opening for Indian markets, with Nifty futures trading lower at 22,975 as of 7:20 am IST.
U.S. Treasury yields fell early Monday, with the 10-Year yield shedding 84 basis points to 4.58 per cent and the 2-Year yield declining 35 basis points to 4.25 per cent.
The dollar index edged up to 107.6 on Monday morning as markets evaluated the potential impact of President Trump's proposed tariff measures ahead of a widely anticipated Federal Reserve decision.
WTI crude oil futures slipped further to approximately USD 73.8 per barrel on Monday, recording its first weekly decline of the year. The drop follows President Trump's demand for OPEC+ to cut crude prices, along with trade concerns arising from sanctions against Colombia for obstructing U.S. deportation flights.
Foreign Institutional Investors (FIIs) continued to offload Indian equities, selling stocks worth Rs 2,758.49 crore on January 24. Meanwhile, Domestic Institutional Investors (DIIs) purchased shares worth Rs 2,402.31 crore, providing some support to the markets.
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.