Indian Stock Market:A positive start is expected in the Indian stock market today, as GIFT Nifty has indicated a higher start. This is when Asian markets are witnessing a decline today. On Monday, BSE Sensex closed at 76,330.01, down 1,048.90 points or 1.36%, while NSE Nifty 50 closed at 23,085.95, down 345.55 points or 1.47%. In today’s market, it will be interesting to see whether the Indian stock market is able to maintain a positive trend despite the decline in Asian markets.
Keep an eye on these 7 important signs before the market opens
Asian market
There is a downward trend in Asian markets today, which has come after the overnight fall in American markets. Japan’s Nikkei 225 is trading down 1.5% at 38,599.36, while South Korea’s Kospi is trading at 2,489.93, down 0.01%. Asia Down is trading at 3,645.81 with a decline of 1.65%.
wall Street
in American markets on Monday Showed mixed performance. S&P 500 0.16% increased and closed at 5,836.22,While the Nasdaq Composite of the tech sector rose 0.38% Fell to close at 19,088.10. The Dow Jones Industrial Average closed at 42,297.12, up 358.67 points, or 0.86%.
Also read: Investment Opportunity: Energy themed stocks are looking attractive, investment opportunities created due to increasing focus of the government.
us dollars
The US Dollar Index (DXY) rose 0.10% this morning, reaching 109.60. This index evaluates the strength or weakness of the US dollar by analyzing its position against major currencies such as the British pound, euro, Swedish krona, Japanese yen, Swiss franc. Talking about the Indian rupee, it had reached a new record low of 86.59 against the US dollar on Monday.
dollar and crude oil
The US Dollar Index (DXY) was up 0.10% at 109.60 on Tuesday morning. At the same time, crude oil prices also decreased slightly and WTI was at $78.69 and Brent at $80.82.
investment data
Foreign institutional investors (FIIs) sold shares worth ₹4,892.84 crore, while domestic institutional investors (DIIs) bought ₹8,066.07 crore.
inflation rate
India’s retail inflation rate stood at 5.22% in December, which is slightly lower than 5.48% in November.
quarterly results
HDFC Asset Management Company, Network 18 Media & Investments, Shoppers Stop, Hathway Cable and Datacom, Benares Hotels, Atishay, Sayaji Pune, Golkunda Diamonds and Jewellery, Sita Enterprises, SRM Energy will declare their results.
