Top Things You Must Know Before the Market Opens!
The GIFT Nifty signaled a positive opening for the Indian markets, with Nifty futures trading at 23,308.50 at 7:20 am IST.
Market Update 8:15 AM: U.S. equities closed mixed on Tuesday as investors navigated a volatile session, assessing inflation data and anticipating quarterly earnings to gauge stock valuations and economic strength. The Dow Jones Industrial Average gained 221.16 points, or 0.52 per cent, to 42,518.28, while the S&P 500 rose 6.69 points, or 0.11 per cent, to 5,842.91. In contrast, the Nasdaq Composite slipped 43.71 points, or 0.23 per cent, to 19,044.39.
Asian markets presented a mixed picture, reflecting the subdued sentiment from U.S. equities. Traders are focused on upcoming inflation data that could clarify the Federal Reserve's approach to interest rates in the coming months.
The GIFT Nifty signaled a positive opening for the Indian markets, with Nifty futures trading at 23,308.50 at 7:20 am IST.
Indian equity markets ended a four-day losing streak on January 14, closing higher amid broad-based sectoral buying, except for IT and FMCG. The Sensex gained 169.62 points, or 0.22 per cent, to close at 76,499.63, while the Nifty rose 90.10 points, or 0.39 per cent, to settle at 23,176.05.
The U.S. 10-Year Treasury yield fell 17 basis points to 4.78 per cent, and the 2-Year Treasury yield declined 10 basis points to 4.36 per cent in early Wednesday trading.
The dollar index remained flat at 109.21 against a basket of major currencies during early Wednesday trade.
Oil prices climbed after retreating from a five-month peak on Tuesday. A tentative cease-fire agreement between Hamas and Israel helped ease concerns about supply disruptions from Russia and Iran.
Foreign Institutional Investors (FIIs) sold shares worth Rs 8,132 crore on January 14, marking a substantial outflow. Meanwhile, Domestic Institutional Investors (DIIs) purchased equities valued at Rs 7,901 crore.
Aarti Industries, Angel One, Bandhan Bank, Hindustan Copper, L&T Finance, and RBL Bank are on the F&O ban list on the NSE.
Disclaimer: The article is for informational purposes only and not investment advice.