Indian benchmark indices Sensex and Nifty 50 are likely to see a flat to negative start on January 23, tracking cues from GIFT Nifty trading around 23,142.50, a short while ago this morning.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian benchmark indices, Sensex and Nifty, closed higher on January 22 after a volatile session, rebounding from seven-month lows, driven by strength in technology stocks. However, broader market indices lagged significantly, with midcap and smallcap indices losing over 1 percent.
At the close, the Sensex rose 566 points (0.75 percent) to 76,404, while the Nifty gained 130 points (0.57 percent) to finish at 23,155.
Here is how financial markets across the globe fared overnight:
GIFT Nifty (Down)
The GIFT Nifty is trading marginally lower, indicating a flat to negative start of the day. Nifty futures were trading at 23,142.50 at 07:20 am IST.
Asian Equities (Mixed)
Asian markets opened mixed Thursday as investors assessed a slew of economic data in the region.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Topix | 0.34 | -0.07 | -0.07 |
| Nikkei | 0.48 | 1.18 | 1.18 |
| Hang Seng | 0.52 | -0.30 | -0.30 |
| Taiwan | - | - | - |
| Kospi | -0.88 | 9.20 | 9.20 |
Wall Street's indexes rose on Wednesday, with the benchmark S&P 500 hitting an intraday record high as investors cheered streaming video provider Netflix's quarterly report and President Donald Trump's private-sector artificial intelligence infrastructure investment plan.
The S&P 500 ended up 37.13 points, or 0.61%, to 6,086.37 just a few points below its last record closing high of 1090.27, reached on Dec. 6.
The Nasdaq Composite gained 252.56 points, or 1.28%, to 20,009.34 while The Dow Jones Industrial Average rose 130.92 points, or 0.30%, to 44,156.73
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Dow Jones | 0.30 | 4.66 | 4.66 |
| S&P500 | 0.61 | 4.25 | 4.25 |
| Nasdaq | 1.28 | 4.49 | 4.49 |
US 10-Year Treasury was down 13 bps at 4.60 and 2-Year Treasury shed 15 bps at 4.29 in the early trade on Thursday.
| Current Price | MTD | YTD | |
| US 10-Year Treasury | 4.60 | 4.58 | 4.12 |
| US 2-Year Treasury | 4.29 | 4.34 | 4.36 |
The dollar steadied against major peers on Thursday, continuing its near paralysis of the past two days before more concrete announcements on tariffs from U.S. President Donald Trump.
The dollar index - which measures the currency versus six top rivals, including the euro and yen - was flat at 108.25, following two days of gains of around 0.1%.
| Current Price | MTD | YTD | |
| Dollar Index | 108.25 | 108.03 | 103.61 |
Asian currencies were trading mixed against the US dollar in the early trade on Thursday.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Indonesian Rupiah | 0.387 | -0.510 | 0.909 |
| South Korean Won | -0.088 | 1.08 | 2.91 |
| Japanese Yen | 0.083 | 0.492 | 0.492 |
| Philippines Peso | -0.217 | -0.235 | -1.11 |
| Thai Baht | 0.024 | 1.17 | 1.14 |
| Taiwan Dollar | 0.034 | -0.140 | 0.131 |
| China Renminbi | -0.178 | 0.316 | 0.374 |
| Malaysian Ringgit | -0.068 | 1.15 | 0.750 |
| Singapore Dollar | 0.059 | 0.214 | 0.827 |
Oil edged lower after an industry report pointed to the first gain in US crude stockpiles since mid-November, as the market watched for further pledges on global trade from President Trump.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| US West Texas | -0.15 | 5.02 | 5.02 |
| Brent Crude | -0.15 | 5.67 | 5.67 |
Gold held near the highest level since October, as traders considered the impact President Donald Trump’s latest tariff threats against China and the European Union could have on the global economy.
| Change From Previous Close (%) | MTD (%) | YTD (%) | |
| Gold | -0.09 | 4.93 | 4.93 |
| Silver | -0.11 | 6.55 | 6.55 |
The Foreign institutional investors (FIIs) extended their selling on the 14th day as they offloaded equities worth Rs 4,026 crore on January 22, on the other hand, domestic institutional bought equities worth Rs 3,500 crore on the same day.
| 22nd Jan | MTD | YTD | |
| FII Net Flows | -4,026.25 | -60,859.13 | -60,859.13 |
| DII Net Flows | 3,640.22 | 60,829.64 | 60,829.64 |
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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