Indian Stock Market: Due to weak global signals, the markets may open with a slight decline today i.e. on Monday, January 13. Trading is starting at lower levels in Asian markets. Last Friday, NSE Nifty 50 fell 95 points or 0.40% to close at 23,431.50, while BSE Sensex fell 241 points or 0.31% to 77,378.91. In such a situation, it is important to understand some important things before the market opens.
Know these important things before the market opens
Asian market
Asian markets were trading lower on Monday as the US jobs report damaged expectations of an early interest rate cut from the US central bank Federal Reserve. from japan Nikkei 225 Was closed due to holiday. South Korean Kospi It was trading 0.86% lower at Rs 2,493. Asia Dow (Asia Dow) was down 1.15% at 3,676.11.
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wall Street
US stock markets also closed lower on Friday as the jobs report came in stronger than expected, dampening Wall Street’s hopes of an early interest rate cut. The S&P 500 fell 1.54% to 5,827. Nasdaq Composite fell 1.63% to close at 19,161.63. The Dow Jones Industrial Average fell 696.75 points, or 1.63%, to 41,938.45.
us dollars
The US Dollar Index (DXY), which measures the dollar’s strength against six major foreign currencies, was down 0.03% at 109.66 on Monday morning. On Friday, the Indian rupee closed at a new low of 85.96 against the dollar.
crude oil
WTI crude prices were up 1.83% at $77.97 and Brent crude prices were up 1.74% at $81.15.
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FII,DII data
According to the data till January 10, 2024, foreign institutional investors (FIIs) were net sellers of Rs 2,254.68 crore. At the same time, domestic institutional investors (DIIs) were net buyers of Rs 3,961.92 crore.
quarterly results
On January 13, HCL Technologies, Himadri Specialty Chemical, Angel One, Anand Rathi Wealth, Marathon NextGen Realty, Delta Corp, DEN Networks, Lotus Chocolate Company, Urja Global, Paramon Concepts, Sri Jayalakshmi Autospin, and Sarthak Industries will declare their quarterly results.