First Tick: Here are the top global cues for today’s trade

Market Today

Indian benchmark indices Sensex and Nifty 50 are likely to see a higher start on April 1, tracking cues from GIFT Nifty trading around 23,459 a short while ago this morning.

Track the latest updates on GIFT Nifty right here on Moneycontrol.

In the highly volatile first day of the new (April) series on March 28, the benchmark indices ended lower, with auto and Information Technology stocks remaining under pressure amid concern over upcoming US tariffs.

At close, the Sensex was down 191.51 points or 0.25 percent at 77,414.92, and the Nifty was down 72.60 points or 0.31 percent at 23,519.35.

GIFT Nifty (Up)

The GIFT Nifty is trading higher at around 23,459, indicating a positive start for the day.

Asian Equities (Rise)

Asian shares rose for the first time in four days with Taiwan Weighted up 1.5 percent and Nikkei rises nearly 0.5 percent.

US Equities (Mixed)

The S&P 500 and the Nasdaq Composite posted on Monday their worst quarterly performances since 2022, as uncertainty around the Trump administration's economic agenda roiled U.S. equity markets in the first quarter of 2025.

The S&P 500 gained 30.91 points, or 0.55%, to 5,611.85 points, and the Dow Jones Industrial Average rose 417.86 points, or 1%, to 42,001.76. The Nasdaq Composite lost 23.70 points, or 0.14%, to 17,299.29.

US Bond Yield (Flat)

The yield on 10-year Treasuries and 2-year Treasury yields were down marginally in the early Tuesday trade.

Dollar Index (Down)

The dollar index was down marginally against the basket of major currencies in the early Tuesday trade.

Asian currencies (Down)

Asian currencies were trading mostly lower in the early trade on Tuesday. On a year-to-date basis, except Indonesian Rupiah and the Taiwan Dollar, all other currencies posted gains, with the Japanese Yen rising nearly 5 percent.

Crude (flat)

Oil prices dipped slightly on Tuesday as worries about the impact of a trade war on global growth outweighed concerns about a hit to supply from threats by U.S. President Donald Trump to impose secondary tariffs on Russian crude and bomb Iran.

Gold (Up)

Gold hit a record high as a wave of volatility sent traders to havens ahead of President Donald

Trump’s expected tariff rollout, that has heightened concerns that the global economy is heading for a trade war.

Fund Flow Action

After witnessing buying in the previous six sessions, the Foreign institutional investors (FIIs) remained net sellers on March 28 as they sold equities worth Rs 4352 crore. On the other hand, Domestic institutional investors (DIIs) continued their buying on second days as they purchased equities of Rs 7646 crore on the same day.

Hope you're all set for today's trade. We wish you a profitable day ahead.

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