Indian benchmark indices Sensex and Nifty 50 are likely to open on a negative note on October 31, tracking cues from GIFT Nifty trading around 24,305, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
In yet another volatile session, the Indian benchmark indices snapped tw0-day gains and ended lower with Nifty below 24,350 on October 30 amid selling seen in the banking, metal and IT names.
At close, the Sensex was down 426.85 points or 0.53 percent at 79,942.18, and the Nifty was down 126 points or 0.51 percent at 24,340.85.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Down)
The GIFT Nifty is trading lower, indicating a weak start for the day. Nifty futures were trading at 24,305 at 07:00 am IST.
Asian Equities (Down)
Asian markets slipped Thursday as investors look to the Bank of Japan’s rate decision, as well as key business activity figures from China.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | -0.45 | -4.47 | 5.65 |
| Nikkei | -0.47 | -3.17 | 8.52 |
| Hang Seng | |||
| Taiwan | |||
| Kospi | -1.16 | -5.35 | -8.60 |
US stock indexes closed lower on Wednesday as chip stocks tumbled and investors awaited a host of corporate earnings.
The Dow Jones Industrial Average fell 91.51 points, or 0.22%, to 42,141.54, the S&P 500 lost 19.25 points, or 0.33%, to 5,813.67 and the Nasdaq Composite lost 104.82 points, or 0.56%, to 18,607.93.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | -0.22 | -0.11 | 12.99 |
| S&P500 | -0.33 | 1.23 | 23.17 |
| Nasdaq | -0.56 | 2.65 | 25.27 |
US 10-Year Treasury fell 33 bps at 4.28 percent, while US 2-Year Treasury declined 30 bps at 4.17 percent in the early trade on Thursday.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.28 | 3.73 | 4.93 |
| US 2-Year Treasury | 4.17 | 3.60 | 5.08 |
The U.S. dollar paused ahead of jobs data later this week and the U.S. presidential election next week.
The dollar index, which measures the currency against six major rivals, was little changed at 104.15, after softening the previous day. It hit its highest since July 30 at 104.63 on Tuesday.
| Current Price | MTD | YTD | |
| Dollar Index | 104.15 | 101.19 | 106.66 |
Asian currencies were trading mostly higher in the early trade on Thursday with Indonesian Rupiah gained the most followed by Taiwan Dollar, China Renminbi and South Korean Won.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.420 | -3.59 | -1.94 |
| South Korean Won | 0.136 | -4.57 | -6.32 |
| Japanese Yen | -0.014 | -6.39 | -8.09 |
| Philippines Peso | 0.009 | -3.76 | -4.89 |
| Thai Baht | -0.038 | -4.01 | 1.38 |
| Taiwan Dollar | 0.253 | -1.15 | -4.50 |
| China Renminbi | 0.183 | -1.36 | -0.226 |
| Malaysian Ringgit | 0.011 | -5.81 | 4.93 |
| Singapore Dollar | -0.030 | -2.85 | -0.197 |
Oil prices rose on Thursday, extending the previous day's rally, driven by optimism over U.S. fuel demand following an unexpected drop in crude and gasoline inventories, while reports that OPEC+ may delay a planned output increase offered support.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | 0.42 | 1.04 | -3.81 |
| Brent Crude | 0.45 | 1.55 | -5.40 |
Gold climbed to a record, boosted by haven demand before the US election and shrugging off data that could influence the size of Federal Reserve rate cuts this year.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | 0.01 | 5.85 | 35.14 |
| Silver | 0.22 | 8.71 | 42.28 |
The LME commodities price were trading lower in the early trade on Thursday with Aluminium and Zinc down more than 1 percent each.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Aluminium | -1.62 | 0.17 | 9.73 |
| Copper | 0.08 | -2.95 | 11.44 |
| Nickel | -0.38 | -9.70 | -4.74 |
| Lead | 0.00 | -4.39 | -3.12 |
| Zinc | -1.14 | -0.15 | 16.12 |
The foreign institutional investors (FIIs) sold equities worth Rs 4,613 crore on October 30, while domestic institutional investors bought equities worth Rs 4,518 crore on the same day.
| 30th Oct | MTD | YTD | |
| FII Net Flows | -4,613.65 | -93,209.27 | -2,35,196.77 |
| DII Net Flows | 4,518.28 | 1,35,620.32 | 4,41,204.03 |
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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