Indian benchmark indices Sensex and Nifty 50 are likely to open on a negative note on January 10, tracking cues from GIFT Nifty trading around 23,586.50, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian equity market extended the previous session losses on January 9 with Nifty finishing below 23,550 amid selling across the sectors baring FMCG.
At close, the Sensex was down 528.28 points or 0.68 percent at 77,620.21, and the Nifty was down 162.45 points or 0.69 percent at 23,526.50.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Down)
The GIFT Nifty is trading lower, indicating a negative start for the day. Nifty futures were trading at 23,586.50 at 07:00 am IST.
Asian Equities (Down)
Asian equities and US futures fell as caution took hold ahead of jobs data that will help shape the outlook for Federal Reserve interest rates.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | -0.69 | -2.68 | -2.68 |
| Nikkei | -1.03 | -1.98 | -1.98 |
| Hang Seng | |||
| Taiwan | 0.15 | 0.27 | 0.27 |
| Kospi | -0.16 | 6.73 | 6.73 |
Wall Street was shut overnight in honour of former US president Jimmy Carter
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | - | 0.51 | 0.51 |
| S&P500 | - | 0.92 | 0.92 |
| Nasdaq | - | 1.16 | 1.16 |
The US 10-Year Treasury declined 30 bps at 4.67 percent and 2-year Treasury was down 20 bps at 4.25 percent in the early trade on Thursday.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.67 | 4.22 | 4.02 |
| US 2-Year Treasury | 4.25 | 4.14 | 4.35 |
The dollar looked set to extend its longest weekly winning streak in over a year on Friday, underpinned by rising bond yields and expectations of another strong set of U.S. jobs numbers.
| Current Price | MTD | YTD | |
| Dollar Index | 109.20 | 106.39 | 102.36 |
Most of the Asian currencies were trading with marginal gain against the US dollar in the early trade on Friday. On year-to-date basis, except South Korean Won, all other currencies were trading in the red..
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | -0.037 | -2.15 | -0.524 |
| South Korean Won | 0.099 | -1.76 | 1.38 |
| Japanese Yen | 0.063 | -3.83 | -0.525 |
| Philippines Peso | 0.197 | -0.591 | -0.619 |
| Thai Baht | 0.165 | -2.13 | -0.504 |
| Taiwan Dollar | 0.109 | -1.37 | -0.374 |
| China Renminbi | -0.007 | -1 | -0.447 |
| Malaysian Ringgit | 0.211 | -1.46 | -0.483 |
| Singapore Dollar | -0.007 | -1.93 | -0.197 |
Oil prices rose in early Asian trade and were on track for a third straight week of gains with icy conditions in parts of the United States and Europe driving up fuel demand for heating.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.47 | 3.57 | 3.57 |
| Brent Crude | 0.44 | 3.52 | 3.52 |
Gold rose for a third day as traders mulled the outlook for the Federal Reserve’s easing path, ahead of key jobs figures due later Friday.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | 0.08 | 1.72 | 1.72 |
| Silver | 0.05 | 4.33 | 4.33 |
The Foreign institutional investors (FIIs) remained net seller on fifth day, as they sold equities worth Rs 7,170 crore on January 9, on the other hand domestic institutional bought equities worth Rs 7,639 crore on the same day.
| 9th Jan | MTD | YTD | |
| FII Net Flows | -7,170.87 | -19,102.78 | -19,102.78 |
| DII Net Flows | 7,639.63 | 20,253.95 | 20,253.95 |
Hope you're all set for today's trade, we wish you a profitable day ahead.
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