Indian benchmark indices Sensex and Nifty 50 are likely to open on positive note on October 10, tracking cues from GIFT Nifty trading around 25,197.5, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Amid final hour selling, Indian benchmark indices failed to hold intraday gains and ended marginally lower in a volatile session on October 9.
The Reserve Bank of India (RBI) has made no change in its key policy rates amid geopolitical and inflation concern, while shifted its stance to 'neutral' from 'withdrawal of accommodation'.
At close, the Sensex was down 167.71 points or 0.21 percent at 81,467.10, and the Nifty was down 31.20 points or 0.12 percent at 24,982.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Rises)
The GIFT Nifty is trading higher, indicating a strong start for the day. Nifty futures were trading at 25,197.50 at 07:00 am IST.
Asian Equities (Gain)
Asian markets trade mostly higher on Thursday, following gains on Wall Street that saw the S&P 500 and Dow Jones Industrial Average reach new records as investors shook off geopolitical concerns.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | 0.27 | -1.02 | 9.46 |
| Nikkei | 0.41 | 0.33 | 12.44 |
| Hang Seng | 1.98 | -0.21 | 25.21 |
| Taiwan | - | - | - |
| Kospi | 0.39 | -1.86 | -5.27 |
Wall Street stocks advanced on Wednesday with the S&P 500 and the Dow scoring record closing highs after the release of Federal Reserve meeting minutes and ahead of September inflation data and the earnings season.
The Dow Jones Industrial Average rose 431.63 points, or 1.03%, to 42,512.00. The S&P 500 gained 40.91 points, or 0.71%, at 5,792.04 and the Nasdaq Composite climbed 108.70 points, or 0.60%, to 18,291.62.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | 1.03 | 0.62 | 13.82 |
| S&P500 | 0.71 | 0.71 | 22.53 |
| Nasdaq | 0.60 | 0.76 | 22.96 |
The US 10-year Treasury yield shed 24 bps at 4.06 percent, while the US 2-year bond yield was down 36 bps at 4 percent.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.06 | 3.64 | 4.65 |
| US 2-Year Treasury | 4 | 3.59 | 4.96 |
The US dollar traded near a two-month peak against major peers on Thursday as markets grew more confident about a patient approach from the Federal Reserve to further monetary easing, even as a key inflation report loomed later in the day.
| Current Price | MTD | YTD | |
| Dollar Index | 102.85 | 101.63 | 105.82 |
Asian currencies were trading mixed in the early trade on Thursday, with South Korean Won, Philippines Peso, Malaysian Ringgit were in the red, while Indonesian Rupiah, Singapore Dollar, Indonesian Rupiah trading with marginally gains.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.160 | -1.13 | -1.47 |
| South Korean Won | -0.081 | -0.353 | -4.26 |
| Japanese Yen | 0.087 | -4.51 | -5.42 |
| Philippines Peso | -0.226 | -1.30 | -3.07 |
| Thai Baht | 0.015 | 0.367 | 2.14 |
| Taiwan Dollar | -0.018 | -0.332 | -5.06 |
| China Renminbi | 0.068 | 0.637 | 0.332 |
| Malaysian Ringgit | -0.245 | 1.16 | 7.03 |
| Singapore Dollar | 0.015 | -0.176 | 1.03 |
Gold prices trading marginally higher around USD 2610, while Silver prices was up 0.2 percent at 30.57 in the early trade on Thursday.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | 0.10 | -0.94 | 26.52 |
| Silver | 0.17 | -2.01 | 28.37 |
Oil prices rose in early Asian trade on Thursday on concerns about potential supply disruptions in the Middle East, with Israel planning to strike oil-producer Iran, and on spikes in fuel demand as a major storm barreled into Florida.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.48 | 7.97 | 2.71 |
| Brent Crude | 0.43 | 7.22 | -0.13 |
The commodities slipped in the early trade on Thursday with Zinc, Lead and Nickel down 2 percent each and Aluminium down more than 1 percent.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Aluminium | -1.17 | -2.70 | 6.59 |
| Copper | -0.69 | -1.57 | 13.04 |
| Nickel | -2.28 | -0.82 | 4.63 |
| Lead | -1.95 | -1.62 | -0.31 |
| Zinc | -2.30 | -2.30 | 13.65 |
The foreign institutional investors (FIIs) sold equities worth Rs 4562 crore on October 9, while domestic institutional investors bought equities worth Rs 3,508 crore on the same day.
| 9th Oct | MTD | YTD | |
| FII Net Flows | -4562.71 | -33.881.97 | -1,76,418.16 |
| DII Net Flows | 3,508.61 | 82,063.23 | 3,87,646.94 |
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!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.
