Stock Market LIVE Updates: GIFT Nifty Hints Positive Start Amid Global Market Uncertainty
Stock Market LIVE Updates today brings an interesting mood. GIFT Nifty has indicated a slight positive start, but global markets are showing a mixed trend. U.S. markets closed slightly lower after last week’s record highs, especially after shares of AI-related giants like Dell and Nvidia fell. Also, inflation data has given a new signal that tariffs have started putting pressure on prices. All these factors are creating a crucial backdrop for Indian markets in which investors will have to carefully plan their next moves.
Stock Market LIVE Updates: Oil Prices Hold Steady Amid Geopolitical Concerns
The global commodity space is also directly impacting the stock market. The oil market is not seeing any major rise or fall at the moment. Prices are moving in a tight range as there is a tug of war going on between supply and demand. The Russia-Ukraine war is disrupting the supply chain, but increasing production on the other side has balanced this impact. Brent crude is currently trading at around $67.36 per barrel, down 12 cents. U.S. West Texas Intermediate is also down 13 cents to $63.88. Also, there is a slight lull in trading activity due to the U.S. bank holiday, so volume is not very active. This will be a crucial indicator for the energy sector which will also influence Indian market sentiment today.
Stock Market LIVE Updates: Global Cues Signal Mixed Trend
Asian markets started today’s session slightly weak. The biggest reason is the U.S. court’s ruling on Trump tariffs, which have been declared mostly illegal. Trump is now preparing to seek Supreme Court’s help. U.S. futures are showing mild positivity after August gains, while investors are still assessing U.S. Fed decisions and inflation numbers.
Wall Street indices were at a mixed close. The S&P 500 continued its winning streak but remained under pressure on Friday. U.S. The 10-year yield rose 2 bps to 4.23%, while the dollar index lost some ground as traders are betting on Fed rate cuts. Gold has given the best monthly performance of the last 4 months while oil prices slipped slightly.
Stock Market LIVE Updates: Sensex and Nifty May Break Losing Streak
The focus of the Indian stock market today is on GIFT Nifty which was trading at 25,597, up 46 points i.e. 0.2%. This signals that Sensex and Nifty may try to break their 3-day losing streak. In the last session of last week, auto, IT and metal stocks pulled the market down, while FMCG provided some support. Broader markets also did not escape this pressure, mid-cap and small-cap indices also lost their gains.
Foreign Institutional Investors (FIIs) sold Indian equities worth Rs 8,313 crore on Friday, while Domestic Institutional Investors (DIIs) bought shares worth Rs 11,487 crore. This clearly shows that domestic players still show confidence in the market while global players are cautious.
Stock Market LIVE Updates: Technical Levels to Watch
The technical charts for today’s trading session show a mixed picture. Nifty broke its 2-month low in August, confirming a bearish harami pattern. The index is still below its major moving averages and upside momentum will remain restricted until Nifty decisively closes above 24,800. On the downside, 24,400 is a crucial support which if broken can lead to further decline.
The situation of Bank Nifty is also similar. Last month’s breakdown has created a bearish candle, indicating dominance of sellers. If the index stays above 54,500, a sustainable recovery is possible, but 53,500 is a strong support below. As of now, a “sell-on-rise” strategy seems to be the most practical approach.
Stock Market LIVE Updates: Volatility and Sentiment
India VIX fell 3.49% to settle at 11.75, which indicates a calm and consolidated phase. This suggests that market participants are not yet interested in aggressive hedging. Put-Call Ratio (PCR) also fell sharply from 0.64 to 0.54, which highlights supply pressure. But as PCR is oversold, the possibility of a small technical rebound cannot be ignored.
Overall market structure is still fragile. Global cues, oil prices, U.S. Inflation data and domestic institutional activity will play a major role in today’s session. Investors will be prudent to treat short-term rallies cautiously and maintain discipline in their portfolios.
Disclaimer:
This article is for informational purposes only. The stock market live updates and analysis given in it are not financial advice of any kind. Before taking any investment decision, definitely take the advice of your financial advisor.
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