6 hrs ago

GIFT Nifty Signals Quiet Start After Indian Stocks Slide

GIFT Nifty Signals Quiet Start After Indian Stocks Slide
Sensex, Nifty today: GIFT Nifty signals quiet start as Crude falls 1%; US yield stays elevated · financialexpress.com

Indian stock markets had a difficult day on Thursday.

The Sensex and Nifty 50 both fell sharply.

Futures trading suggested that markets might open slightly higher on Friday.

Oil prices moved lower, although Brent crude remained above $105 per barrel.

US borrowing costs stayed high because Treasury yields rose.

Higher borrowing costs can make investors more cautious.

Foreign investors sold Indian shares, while domestic investors bought shares.

Markets could also react to global developments and new information from the United States.

Key facts

GIFT Nifty
Around 23,130, up 35 points or 0.15% in early trade.
Sensex close
73,580.54, down 1,247.71 points or 1.67%.
Nifty 50 close
23,063.10, down 383.70 points or 1.64%.
Brent crude
$105.86 a barrel, down 0.70%.
US 10-year yield
5.2%, the highest level since 2007.
Foreign institutional flows
FIIs sold Indian equities worth Rs 5,027.36 crore.
Domestic institutional flows
DIIs bought Indian equities worth Rs 4,301.18 crore.

Sources

Related news