Indian benchmark indices Sensex and Nifty are likely to see a flat start on August 14, tracking GIFT Nifty, which was hovering around 24,686.50 earlier this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian market ended higher on August 13, erasing previous session losses, helping Nifty to close above 24,600, led by buying across the sectors.
At close, the Sensex was up 304.32 points or 0.38 percent at 80,539.91, and the Nifty was up 131.95 points or 0.54 percent at 24,619.35. BSE Midcap and Smallcap indices rose 0.5% each.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Flat)
The GIFT Nifty is trading flat at around 24,686.50, indicating a muted opening for the day.
Asian Equities (Down)
Asian markets were trading lower in the early trade on Thursday with Nikkei down nearly 1 percent.
US Equities (Rise)
The benchmark S&P 500 and the Nasdaq Composite Index scored record highs for the second straight session, while the Dow Jones Industrial Average finished stronger.
The Dow gained 1%, the S&P 500 rose 0.32% and the Nasdaq Composite added 0.14%.
US Bond Yield (Down)
The yield on 10-year Treasuries and 2-year Treasuries were trading with marginally losses in the early trade on Thursday.
Dollar Index (Slips)
The dollar languished near multi-week lows against the euro and sterling on Thursday as traders ramped up bets for the Federal Reserve to resume cutting interest rates next month.
Asian currencies (Up)
Except South Korean Won, all other Asian currencies were trading higher against the US dollar in the early Thursday trade with Japanese Yen and Indonesian Rupiah leading the gainers.
Crude (Up)
Oil prices edged higher on Thursday, regaining ground after a sell-off in the previous session, with the upcoming meeting between U.S. President Donald Trump and his Russian counterpart Vladimir Putin raising risk premiums in the market.
Gold (Gains)
Gold rose for a third day as bets on Federal Reserve interest-rate cuts increased after Treasury Secretary Scott Bessent urged the US central bank to lower borrowing costs.
Fund Flow Action
The Foreign institutional investors (FIIs) continued their selling on third consecutive session on August 13 as they sold equities worth Rs 3,644 crore, while Domestic institutional investors (DIIs) continued their buying as they bought equities worth Rs 5,623 crore on the same day.
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