Indian benchmark indices Sensex and Nifty 50 are likely to open on a positive note on January 15, tracking cues from GIFT Nifty trading around 23,308.50, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
The Indian equity indices snapped four-day losing streak and ended higher on January 14 amid buying in most of the sectors, barring IT and FMCG. At close, the Sensex was up 169.62 points or 0.22 percent at 76,499.63, and the Nifty was up 90.10 points or 0.39 percent at 23,176.05.Here is how financial markets across the globe fared overnight:GIFT Nifty (Gains)
The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 23,308.50 at 07:20 am IST.
Asian Equities (Mixed)
Asian stocks trade mixed following a tepid US session as traders awaited key inflation data that may shed light on the path of Federal Reserve rates over the coming months.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | 0.20 | -2.73 | -2.73 |
| Nikkei | -0.09 | -2.50 | -2.50 |
| Hang Seng | |||
| Taiwan | -0.68 | -1.11 | -1.11 |
| Kospi | 0.34 | 6.93 | 6.93 |
US Equities (Mixed)
The S&P 500 edged higher while the Nasdaq dipped after a volatile session on Tuesday as investors gauged inflation data and braced for quarterly earnings reports to justify stock valuations and the strength of the U.S. economy.
The Dow Jones Industrial Average rose 221.16 points, or 0.52%, to 42,518.28, the S&P 500 gained 6.69 points, or 0.11%, to 5,842.91 and the Nasdaq Composite lost 43.71 points, or 0.23%, to 19,044.39.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | 0.52 | 1.14 | 1.14 |
| S&P500 | 0.11 | 0.53 | 0.53 |
| Nasdaq | -0.23 | -0.20 | -0.20 |
US Bond Yield (Down)
The US 10-Year Treasury was down 17 bps at 4.78 percent and 2-year Treasury was down 10 bps at 4.36 percent in the early trade on Wednesday.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.78 | 4.39 | 3.93 |
| US 2-Year Treasury | 4.36 | 4.24 | 4.14 |
Dollar Index (Flat)
The dollar index was trading flat against the major currencies in the early Wednesday trade.
| Current Price | MTD | YTD | |
| Dollar Index | 109.21 | 106.85 | 102.40 |
Asian currencies (Mixed)
The Asian currencies were trading mixed against the US dollar in the early trade on Wednesday with Philippines Peso, Thai Baht, South Korean Won and Singapore Dollar were trading lower.
-0.080
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.080 | -4.32 | -0.848 |
| South Korean Won | -0.066 | -6.48 | 1.22 |
| Japanese Yen | 0.013 | -2.41 | -0.475 |
| Philippines Peso | -0.066 | 0.034 | -1.14 |
| Thai Baht | -0.173 | -1.97 | -1.17 |
| Taiwan Dollar | 0.052 | -1.54 | -0.606 |
| China Renminbi | 0.011 | -0.644 | -0.434 |
| Malaysian Ringgit | 0.062 | -1.14 | -0.715 |
| Singapore Dollar | -0.080 | -1.30 | -0.146 |
Crude (Up)
Oil gained after slipping from a five-month high Tuesday as Hamas and Israel tentatively agreed to a cease- fire, cooling a rally fueled by risks to Russian and Iranian supplies. Gold was steady.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.25 | 8.31 | 8.31 |
| Brent Crude | 0.15 | 7.23 | 7.23 |
Gold (Down)
Gold prices were down marginally at USD 2673 per ounce, while silver price shed nearly 0.5 percent at USD 29.80 per ounce.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | -0.17 | 1.85 | 1.85 |
| Silver | -0.41 | 3.05 | 3.05 |
Fund Flow Action
The Foreign institutional investors (FIIs) offloaded equities worth Rs 8,132 crore on January 14, while domestic institutional bought equities worth Rs 7,901 crore on the same day.
| 14th Jan | MTD | YTD | |
| FII Net Flows | -8,132.26 | -34,382.56 | -34,382.56 |
| DII Net Flows | 7,901.06 | 40,183.00 | 40,183.00 |
Hope you're all set for today's trade, we wish you a profitable day ahead.
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.