Indian benchmark indices Sensex and Nifty 50 are likely to open lower on July 30, tracking cues from GIFT Nifty trading near 24,879, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Markets began the trading week on a strong note and continued the previous session's record run on July 29 with benchmarks hitting fresh all-time high led by banking stocks post robust earnings reported over the weekend.
At close, the Sensex was up 23.12 points or 0.03 percent at 81,355.84, and the Nifty was up 0.01 points or 1.25 percent at 24,836.10,
The Nifty50 and BSE Sensex touched fresh record high of 24,999.75 and 81,908.43, respectively.
Here is how financial markets across the globe fared overnight:GIFT Nifty (Down)
The GIFT Nifty is trading lower, indicating a negative start for the day. Nifty futures were trading at 24,879 at 07:00 am IST.
Asian Equities (Down)
Asian markets were trading lower across the region on Tuesday as the Bank of Japan kicks off its two-day monetary policy meeting.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Topix | -0.40 | 2.53 | 6.92 |
| Nikkei | -0.55 | 1.33 | 5.25 |
| Hang Seng | |||
| Taiwan | -1.04 | -5.48 | 14.65 |
| Kospi | -0.77 | -2.12 | -3.04 |
US Equities (flat)
The S&P 500 closed barely higher after Monday's choppy trading session as investors held their breath ahead of a raft of big technology company earnings, a Federal Reserve policy decision on interest-rate cuts and key US labor data, all due this week.
The Dow Jones Industrial Average closed down 49.41 points, or 0.12% at 40,539.93 while the S&P 500 rose 4.44 points, or 0.08%, to 5,463.54. The Nasdaq Composite advanced 12.32 points, or 0.07%, to 17,370.20.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Dow Jones | -0.12 | 4.07 | 8.25 |
| S&P 500 | 0.08 | 0.47 | 15.27 |
| Nasdaq | 0.07 | -1.63 | 16.45 |
US Bond Yield (Up)
The US 10-year Treasury yield rose by 14 basis points to 4.18 percent and the US 2-year bond yield was up 9 bps to 4.40 percent.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| US 10-Year Treasury | 4,18 | 4.39 | 3.95 |
| US 2-Year Treasury | 4.40 | 4.75 | 4.87 |
Dollar Index (Marginally Up)
The dollar kept within close ranges on Tuesday as traders awaited a barrage of key central bank decisions, kicking off with midweek monetary policy meetings from the Bank of Japan and Federal Reserve.
| CURRENT PRICE | MONTH AGO | YEAR AGO | |
| Dollar Index | 104.64 | 105.86 | 101.85 |
Asian currencies (Mixed)
Asian currencies were trading mixed against the US dollar, While over the one-year, all Asian currencies slipped between 1-8 percent.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | MTD (%) | |
| Indonesian Rupiah | 0.123 | 0.146 | -5.41 |
| South Korean Won | -0.218 | -0.144 | -6.81 |
| Japanese Yen | 0.039 | 4.85 | -8.41 |
| Philippines Peso | -0.234 | -0.003 | -5.56 |
| Thai Baht | -0.008 | 2.03 | -4.83 |
| Taiwan Dollar | -0.015 | -1.05 | -7.02 |
| China Renminbi | -0.050 | 0.058 | -2.25 |
| Malaysian Ringgit | -0.112 | 1.54 | -1.02 |
| Singapore Dollar | -0.052 | 1 | -1.77 |
Gold (Down)
Gold and Silver prices were trading lower in the early trade on Tuesday.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Gold | -0.27 | 2.22 | 15.27 |
| Silver | -0.58 | -5.01 | 16.45 |
Crude (Down)
Oil prices slipped in early Asian trading on Tuesday, extending losses from the previous session, over concerns about Chinese demand and as the market shrugged off the risk of conflict escalating in the Middle East.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| US West Texas | -0.28 | -7.26 | 5.50 |
| Brent Crude | -0.23 | -7.86 | 3.32 |
LME Commodities (Down)
LME commodity prices were trading mostly lower on Tuesday, with Aluminium and Zinc down more than nearly 12 percent each.
| CHANGE FROM PREVIOUS CLOSE (%) | MTD (%) | YTD (%) | |
| Aluminium | -1.68 | -10.85 | -5.60 |
| Copper | -0.93 | -8.65 | 5.46 |
| Nickel | 0.27 | -8.41 | -4.61 |
| Lead | 0.00 | -7.04 | -0.05 |
| Zinc | -1.20 | -10.23 | -0.79 |
Fund Flow Action
The foreign institutional investors (FIIs) sold equities worth Rs 2474 crore on July 29, while domestic institutional investors bought equities worth Rs 5665 crore on the same day.
| 29th July | MTD | YTD | |
| FII Net Flows | -2,474.54 | 14,468.83 | -1,12,106.69 |
| DII Net Flows | 5,665.54 | 14,554.41 | 2,48,393.45 |
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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