The benchmark Sensex and Nifty indices are likely to open on a positive note on June 19, following an indication from GIFT Nifty, which is trading near 23,657.50.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
India's benchmark Sensex and Nifty extended their gains for the fourth consecutive session and closed at a fresh record high on June 18, supported largely by PowerGrid Corp and Titan, which were the major contributors to the positive momentum.
At the close of trading, Sensex increased by 0.4 percent, gaining 308 points to reach 77,301. Meanwhile, Nifty rose by 0.39 percent, adding 92.30 points to reach 23,558.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Positive)
The GIFT Nifty is trading 67 points higher on June 19, compared to the Nifty 50 close, indicating a positive opening for the day. Nifty futures were trading at 23,657.50 at 07:00 am IST.
Asian Equities (Gain)
Asian markets were trading higher after S&P 500 hitting new highs as artificial intelligence chip firm Nvidia overtakes Microsoft as the most valuable public company. At 07:00 am IST, here's how Asia was faring.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Topix | 0.68 | -1.8 | 3.51 |
| Nikkei | 0.61 | 0.18 | 3.65 |
| Hang Seng | - | - | - |
| Taiwan | 0.91 | 8.76 | 21.3 |
| Kospi | 0.97 | 6.20 | -1.46 |
The S&P 500 and Nasdaq closed at record highs on Tuesday, buoyed by Nvidia's continued surge to new peaks, while the Dow ended barely higher in subdued pre-holiday trading following softer-than-expected U.S. retail sales data.
The Dow Jones Industrial Average rose 56.76 points, or 0.15%, to 38,834.86. The S&P 500 climbed 13.80 points, or 0.25%, to 5,487.03 and the Nasdaq Composite gained 5.21 points, or 0.03%, at 17,862.23.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Dow Jones | 0.15 | 0.32 | 3.29 |
| S&P500 | 0.25 | 3.91 | 15.32 |
| Nasdaq | 0.03 | 6.67 | 19.29 |
The US 10-year and 2-year Treasury yields were trading flat in the early trade on Wednesday.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| US 10-Year Treasury | 4.22 | 4.49 | 3.87 |
| US 2-Year Treasury | 4.71 | 4.87 | 4.25 |
The dollar was nursing losses on Wednesday after soft U.S. retail sales data reinforced bets of imminent Federal Reserve rate cuts, while sterling eased a touch ahead of a reading on UK inflation due later in the day.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| Dollar Index | 105.28 | 104.67 | 101.33 |
Asian currencies were little changed on Wednesday against the dollar, while on a year-to-date basis all the currencies were down between 2-10 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | -0.865 | -1.9 | -6.17 |
| South Korean Won | 0.065 | -1.77 | -6.47 |
| Japanese Yen | 0.013 | -1 | -10.64 |
| Philippines Peso | 0.036 | -1.26 | -5.5 |
| Thai Baht | -0.10 | -1.57 | -6.64 |
| Taiwan Dollar | 0.11 | -0.392 | -5.57 |
| China Renminbi | 0.030 | -0.254 | -2.12 |
| Malaysian Ringgit | 0.106 | -0.463 | -2.42 |
| Singapore Dollar | -0.007 | -0.259 | -2.27 |
Gold prices were trading flat, while Silver prices fell nearly 0.5 percent in the early trade on Wednesday.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Gold | -0.03 | 0.02 | 12.82 |
| Silver | -0.40 | -3.3 | 23.6 |
Oil rose slightly in early trade on Wednesday as concern over escalating conflict in Europe and the Middle East offset demand worries following an unexpected build in U.S. crude inventories.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.17 | 6.13 | 14 |
| Brent Crude | 0.11 | 4.7 | 10.8 |
LME commodity prices were trading mixed in the early trade on Wednesday, with aluminium and Nickel down 0.5-1 percent, while Lead prices rose more than 1 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Aluminium | -0.60 | -6.26 | 4.30 |
| Copper | 0.06 | -3.67 | 13 |
| Nickel | -0.99 | -12.26 | 4.16 |
| Zinc | 0.28 | -0.96 | 6.77 |
| Lead | 1.67 | -3.54 | 5.99 |
The Foreign institutional investors (FIIs) extended their buying as they bought equities worth Rs 2569 crore on June 18, while domestic institutional investors also bought equities worth Rs 1555 crore on the same day.
| 18th June | MTD | YTD | |
| FII Net Flows | 2,569.40 | 13,427.8 | 2,18,634 |
| DII Net Flows | 1,555.73 | -9,118.2 | -1,37,731 |
Now that you're all set for the day's trade, wish you a profitable day ahead.
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