Indian Stock Market: Mixed action is being seen in Asian markets and GIFT Nifty has reached 23,306. In such a situation, a good opening is expected in the Indian stock market today. Last Tuesday, NSE Nifty 50 ended the session at 23,176.05, up 90 points or 0.39%, while BSE Sensex closed at 76,499.63, up 169.62 points or 0.22%.
These global signals may have an impact on the opening of the Indian market.
Asian market
Asian markets were trading with mixed signals on Wednesday as lower-than-expected inflation data from the US led to gains on Wall Street overnight. Japan’s Nikkei 225 was down 0.03% at 38,464.70. South Korea’s Kospi was trading 0.41% higher at 2,506.85. The Asia Dow was down 0.89% at 3,649.29.
wall Street
US indices traded with mixed signals on Tuesday as producer price index data came in below expectations. The S&P 500 ended the session up 0.11% at 5,842.91. The tech-focused Nasdaq Composite fell 0.23% to 19,044.39. The 30-stock Dow Jones Industrial Average rose 221.16 points, or 0.52%, to 42,518.28.
us dollar
The US dollar index (DXY), which measures the value of the dollar against a basket of six foreign currencies, was up 0.02% at 109.26 on Wednesday morning. This index measures the strength or weakness of the US dollar compared to major currencies. This group includes British Pound, Euro, Swedish Krone, Japanese Yen, Swiss Franc etc. Apart from this, the Indian rupee closed at 86.66 against the US dollar on Wednesday.
crude oil
WTI crude oil prices were up 0.35% at $77.77 on Wednesday morning, while Brent crude oil prices were trading 0.18% higher at $80.10.
FII,DII data
According to the provisional data available on NSE i.e. National Stock Exchange, foreign investors FII sold Rs 8,132.26 crore on Tuesday. Whereas domestic institutional investors (DII) have purchased Rs 7,901.06 crore on this day.
quarterly results
HDFC Life Insurance Company, Oracle Financial Services Software, L&T Technology Services, Bank of Maharashtra, Punjab and Sind Bank, Authum Investment and Infrastructure, CEAT, Maharashtra Scooters, Transrail Lighting, Oriental Hotels, NELCO, Aeroflex Industries, Reliance Industrial Infrastructure, Krishna Foschem , India Bulls Enterprises, Mahindra EPC Irrigation, DB (International) Stock Brokers, MRP Agro, TCI Industries, Kamadgiri Fashion, Jagsanpal Finance and Leasing, Viji Finance, Seven Hill Industries and Cupid Breweries and Distilleries will release their quarterly results for October December 2024 today, January 15.
