Indian benchmark indices Sensex and Nifty 50 are likely to open higher on October 15, tracking cues from GIFT Nifty trading around 25,233.50, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
After a couple of rangebound sessions, the bulls took charge of Dalal Street on October 14 and took Nifty to cross 25,150, intraday, amid buying seen across the sectors, barring metal and media.
At close, the Sensex was up 591.69 points or 0.73 percent at 81,973.05, and the Nifty was up 163.70 points or 0.66 percent at 25,128.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Up)
The GIFT Nifty is trading higher, indicating a positive start for the day. Nifty futures were trading at 25,233.50 at 07:00 am IST.
Asian Equities (Gain)
Asian markets rose, following gains on Wall Street that saw the Dow Jones Industrial Average and the S&P 500 reach new record highs.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | 0.81 | -0.60 | 9.89 |
| Nikkei | 0.98 | 1.70 | 13.93 |
| Hang Seng | -0.22 | -0.03 | 25.43 |
| Taiwan | 0.65 | 2.89 | 23.83 |
| Kospi | -0.15 | -1.95 | -5.38 |
Wall Street ended higher on Monday, with both the S&P 500 and the Dow posting fresh record finishes, as investors bought into technology stocks ahead of a busy week packed with corporate earnings and crucial economic data.
The S&P 500 gained 44.82 points, or 0.77%, to 5,859.85 points, while the Nasdaq Composite climbed 159.75 points, or 0.87%, to 18,502.69. The Dow Jones Industrial Average rose 201.36 points, or 0.47%, to 43,065.22.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | 0.47 | 2.05 | 15.43 |
| S&P500 | 0.77 | 2 | 24.11 |
| Nasdaq | 0.87 | 2.04 | 24.52 |
The US 10-year Treasury yield fell 38 bps at 4.08 percent and US 2-year bond yield was down 16 bps at 3.94 percent.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.08 | 3.61 | 4.70 |
| US 2-Year Treasury | 3.94 | 3.55 | 5.09 |
The U.S. dollar was perched at an over two-month high against major currencies on Tuesday, spurred by wagers the Federal Reserve will proceed with modest rate cuts in the near term, while the yen inched closer to the key 150 per dollar level.
| Current Price | MTD | YTD | |
| Dollar Index | 103.18 | 100.76 | 106.64 |
Asian currencies were trading mostly higher in the early trade on Tuesday with Japanese Yen gained the most followed by Thai Baht and Singapore Dollar. On the other hand, South Korean Won and China Renminbi were down marginally.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.077 | -1.05 | -1.07 |
| South Korean Won | -0.006 | -2.81 | -4.95 |
| Japanese Yen | 0.181 | -5.93 | -5.65 |
| Philippines Peso | 0.016 | -2.76 | -3.60 |
| Thai Baht | 0.096 | 0.036 | 3.04 |
| Taiwan Dollar | 0.040 | -0.877 | -4.92 |
| China Renminbi | -0.316 | 0.114 | 0.154 |
| Malaysian Ringgit | 0.016 | 0.121 | 6.93 |
| Singapore Dollar | 0.084 | -0.933 | 0.979 |
Oil prices slid USD 2 in early Asian trade on Tuesday as OPEC lowered its outlook for global oil demand growth in 2024 and 2025 and a media report that Israel is willing to strike Iranian military and not nuclear or oil targets.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | -2.97 | 5.02 | -0.01 |
| Brent Crude | -2.87 | 4.78 | -2.32 |
Gold prices were trading flat at around USD 2649, while Silver prices were up marginally at USD 31.24 in the early trade on Tuesday.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | 0.05 | 0.56 | 28.44 |
| Silver | 0.19 | 0.25 | 31.34 |
All the commodities were trade weak in the early trade on Tuesday with Zinc shed more than 2 percent, and Lead fell 1.5 percent.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Aluminium | -1.45 | -0.67 | 8.81 |
| Copper | -1.35 | -1.72 | 12.86 |
| Nickel | -1.09 | 0.89 | 6.43 |
| Lead | -1.53 | -1.48 | -0.17 |
| Zinc | -2.27 | -0.27 | 15.97 |
The foreign institutional investors (FIIs) extended their selling on October 14 as they sold equities worth Rs 3,731 crore, on the other hand, domestic institutional investors bought equities worth Rs 2,278.09 crore on the same day.
| 14th Oct | MTD | YTD | |
| FII Net Flows | -3,731.59 | -46,702.83 | -1,89,239.02 |
| DII Net Flows | 2,278.09 | 91,950.52 | 3,97,534.23 |
Hope you're all set for today's trade, we wish you a profitable day ahead.
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