The benchmark Sensex and Nifty indices are likely to open higher on June 25 following cues from GIFT Nifty which is trading near 23,566.50.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian benchmark indices ended higher in a volatile session on June 24, with the Nifty managing to hold above 23,500 helped by auto, capital goods, power and FMCG names.
At close, the Sensex was up 131.18 points or 0.17 percent at 77,341.08, and the Nifty was up 36.75 points or 0.16 percent at 23,537.85.
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 23,566.50 at 07:00 am IST.
Asian Equities (Gain)
Asian markets mostly climbed higher on Tuesday, even as US Big Tech stocks sold off in favor of other sectors such as banking and energy.
At 07:00 am IST, here's how Asia was faring.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Topix | 0.78 | -1.64 | 3.59 |
| Nikkei | 0.04 | -0.47 | 2.94 |
| Hang Seng | 0.33 | 0.22 | 6.5 |
| Kospi | 0.18 | 5.21 | -2.50 |
| Taiwan | -1.89 | 8.02 | 20.50 |
Global stock indexes were mixed on Monday ahead of a key U.S. inflation reading due this week, while the dollar eased slightly against the yen from levels that put investors on alert for Japanese intervention.
The Dow Jones Industrial average hit a one-month high while the Nasdaq fell more than 1%.
The Dow Jones Industrial Average rose 260.88 points, or 0.67%, to 39,411.21, the S&P 500 lost 16.75 points, or 0.31%, to 5,447.87 and the Nasdaq Composite lost 192.54 points, or 1.09%, to 17,496.82.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Dow Jones | 0.67 | 1.88 | 4.90 |
| S&P500 | -0.31 | 3.23 | 14.57 |
| Nasdaq | -1.09 | 4.56 | 16.92 |
The US 10-year and 2-year Treasury yields were trading flat in the early trade on Tuesday.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| US 10-Year Treasury | 4.23 | 4.49 | 3.87 |
| US 2-Year Treasury | 4.72 | 4.87 | 4.25 |
The battered yen languished near the 160 per dollar level on Tuesday and kept traders on high alert for any intervention from Japanese authorities to prop up the currency, while the greenback edged a touch higher in the broader market.
The dollar was last 0.04% higher at 159.64 yen, just a whisker away from the 160 level that prompted a 9.79 trillion yen ($61.33 billion) currency intervention from Tokyo in late April and early May.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| Dollar Index | 105.47 | 104.67 | 101.33 |
Asian currencies were trading higher in the early trade on Tuesday against the dollar, while on a month-to-date basis, the Indonesian Rupiah, South Korean Won, Japanese Yen and Philippines Peso down 1-2 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.342 | -2.43 | -6.09 |
| South Korean Won | 0.261 | -1.57 | -6.84 |
| Japanese Yen | 0.144 | -1.55 | -11.50 |
| Philippines Peso | 0.170 | -1.01 | -5.67 |
| Thai Baht | 0.180 | 0.005 | -6.36 |
| Taiwan Dollar | -0.003 | -0.676 | -5.59 |
| China Renminbi | 0.022 | -0.218 | -2.19 |
| Malaysian Ringgit | 0.100 | -0.255 | -2.43 |
| Singapore Dollar | 0.030 | -0.222 | -2.38 |
Gold and Silver prices were trading lower in the early trade on Tuesday.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Gold | -0.22 | 0.11 | 12.93 |
| Silver | -0.24 | -2.92 | 24.04 |
Oil prices were little changed on Tuesday as worries about China's economic recovery prospects offset supply concerns stemming from tensions in the Middle East and Ukrainian attacks on Russian refineries.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.10 | 6.13 | 14.04 |
| Brent Crude | 0.06 | 5.44 | 11.71 |
LME commodity prices were trading mixed in the early trade on Tuesday, with Nickel prices gained 0.6 percent, while Aluminium prices down nearly 0.5 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Aluminium | -0.42 | -5.64 | 4.99 |
| Copper | -0.22 | -3.77 | 12.88 |
| Nickel | 0.59 | -12.10 | 4.35 |
| Zinc | 0.07 | -4.36 | 7.07 |
| Lead | -0.37 | -3.98 | 5.54 |
The Foreign institutional investors (FIIs) extended the selling on June 24 as they sold equities worth Rs 654 crore, and domestic institutional investors also sold equities worth Rs 820 crore on the same day.
| 24th June | MTD | YTD | |
| FII Net Flows | -653.97 | -3,238.69 | -1,31,852 |
| DII Net Flows | -820.47 | 20,626.6 | 2,25,832 |
Hope you're all set for today's trade, 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!
