Indian benchmark indices Sensex and Nifty 50 are likely see negative start on March 27 tracking cues from GIFT Nifty trading around 23,498.50, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
The market failed to hold onto the opening gains but extended the winning streak for seventh straight session on March 25 as Nifty managed to close above 23,650.
At close, the Sensex was up 32.81 points or 0.04 percent at 78,017.19, and the Nifty was up 10.30 points or 0.04 percent at 23,668.65.
Here is how financial markets across the globe fared overnight:GIFT Nifty (Down)
The GIFT Nifty is trading lower around 23,498.50, indicating a negative start for the day.
Asian Equities (Fall)
Asian equities declined at the open Thursday after President Donald Trump’s latest trade salvo scuppered demand for riskier investments.
US Equities (Down)
Wall Street stocks ended sharply lower on Wednesday, dragged down by losses in Nvidia and Tesla as investors awaited information about long-promised U.S. tariffs on automotive imports.
The S&P 500 declined 1.12% to end the session at 5,712.20 points. The Nasdaq declined 2.04% to 17,899.02 points, while the Dow Jones Industrial Average declined 0.31% to 42,454.79 points.
US Bond Yield (Down)
The yield on 10-year Treasuries shed 22 basis points ta 4.34 percent, while 2-year Treasuries Yield declined 46 basis points at 3.99 percent.
Dollar Index (Flat)
The dollar index was trading with marginal change against the major currencies in the early trade on Thursday.
Asian currencies (Down)
Asian currencies were trading mostly lower in the early trade on Thursday with Taiwan Dollar, China Renminbi down the most.
Crude (Gains)
Oil held a gain after US crude inventories fell the most since December, signaling the prospect for near- term supply tightness.
Gold (Up)
Gold was steady for second day, finding support near a record high as US President Donald Trump
announced tariffs on all auto imports, intensifying trade tensions and bolstering haven demand.
Fund Flow Action
The Foreign institutional investors (FIIs) extended their buying on fifth day on March 26 as they purchased equities worth Rs 2240 crore, while Domestic institutional investors (DIIs) extended their selling on second day as they sold equities of Rs 696 crore, on the same day.
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.
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