Indian benchmark indices Sensex and Nifty 50 are likely to open flat on August 13, tracking cues from GIFT Nifty trading near 24,334, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
In the highly volatile market, the Indian benchmark indices ended marginally lower on August 12 with Nifty below 24,350 after US-based Hindenburg Research raised allegations against capital market regulator Sebi's chairperson.
At close, the Sensex was down 56.99 points or 0.07 percent at 79,648.92, and the Nifty was down 20.50 points or 0.08 percent at 24,347.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Down)
The GIFT Nifty is trading marginally lower, indicating a flat start for the day. Nifty futures were trading at 24,334 at 07:00 am IST.
Asian Equities (Gain)
Japan’s major indexes gained more than 2 percent in Tuesday morning trading as they returned from a holiday.
The benchmark Nikkei 225 jumped 2.57 percent and breached 36,000 for the first time since August 2. The Topix followed suit, gaining 2.15 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Topix | 2.15 | -7.41 | 3.50 |
| Nikkei | 2.57 | -6.28 | 3.66 |
| Hang Seng | - | - | - |
| Taiwan | 0.32 | -0.21 | 15.74 |
| Kospi | -0.13 | -5.37 | -5.42 |
Wall Street stocks closed mixed on Monday as investors braced for a slew of U.S. economic data this week, especially consumer prices, to gauge the outlook for Federal Reserve monetary policy.
The S&P 500 gained 0.23 points to end at 5,344.39 points, while the Nasdaq Composite rose 35.31 points, or 0.21%, to 16,780.61. The Dow Jones Industrial Average fell 140.53 points, or 0.36%, to 39,357.01.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Dow Jones | -0.36 | -3.36 | 5.38 |
| S&P500 | 0.00 | -2.94 | 13.07 |
| Nasdaq | 0.21 | -4.38 | 12.81 |
The US 10-year Treasury yield rose 24 bps at 3.91, while the US 2-year bond yield was up 10 bps at 4.02%.
| CURRENT PRICE | MTD | YTD | |
| US 10-Year Treasury | 3.91 | 4.18 | 4.15 |
| US 2-Year Treasury | 4.02 | 4.45 | 4.89 |
The dollar index was trading flat against the major currencies in the early trade on Tuesday.
| CURRENT PRICE | MTD | YTD | |
| Dollar Index | 103.14 | 104.18 | 103.19 |
Among Asian currencies except Philippines Peso and Taiwan Dollar, all others were trading in the red against the US dollar on Tuesday.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | -0.188 | 1.14 | -3.48 |
| South Korean Won | -0.040 | 0.953 | -5.78 |
| Japanese Yen | -0.061 | 7.26 | -4.38 |
| Philippines Peso | 0.089 | 2.10 | -3.31 |
| Thai Baht | -0.009 | 2.85 | -2.55 |
| Taiwan Dollar | 0.006 | 0.373 | -5.77 |
| China Renminbi | -0.089 | 1.05 | -1.04 |
| Malaysian Ringgit | 0.067 | 4.96 | -3.17 |
| Singapore Dollar | 0.008 | 1.47 | -0.302 |
Gold and Silver prices were down lower in the early trade on Tuesday.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Gold | -0.14 | 0.81 | 19.67 |
| Silver | -0.31 | -3.95 | 17.16 |
Oil prices edged lower on Tuesday, breaking a five-day streak of gains, as markets refocused on concerns about demand after OPEC on Monday cut its forecast for demand growth in 2024 due to softer expectations in China.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| US West Texas | -0.64 | 2.26 | 11.03 |
| Brent Crude | -0.61 | 1.49 | 6.18 |
LME commodity prices gained in the early trade on Tuesday with Copper and Nickel rose more than 1 percent each.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Aluminium | 0.17 | 0.65 | -3.29 |
| Copper | 1.80 | -2.15 | 5.40 |
| Nickel | 1.27 | -1.50 | -1.49 |
| Lead | 0.47 | -1.73 | -1.02 |
| Zinc | 0.24 | 2.52 | 3.20 |
The foreign institutional investors (FIIs) sold equities worth Rs 4680 crore on August 12, while domestic institutional investors bought equities worth Rs 4477 crore on the same day.
| 12th August | MTD | YTD | |
| FII Net Flows | -4,680.51 | -25,040.99 | -1,46,208.68 |
| DII Net Flows | 4,477.73 | 27,977.74 | 2,85,302.8 |
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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