Indian equity indices are expected to open on a positive note following positive global cues. The Asian indices mostly surged in morning trade. The GIFT Nifty was trading 0.18% higher at 25,647. Here are key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that most, sectoral performance, etc.
Earlier on Monday, the NSE Nifty 50 closed the session 121 points or 0.47% lower at 25,517, while the BSE Sensex declined 452 points or 0.54% to close at 83,606.
Key global and domestic cues to know on July 01, 2025
Asian Markets
Asia-Pacific markets traded mixed on Tuesday morning following record gains in the US markets overnight. Japan’s Nikkei 225 benchmark fell 1.03% after hitting an over 11-month high in its previous session, while the broader Topix index declined by 0.56%. In South Korea, the Kospi index rose 1.67%, while the small-cap Kosdaq added 0.66%.
US futures
The futures contracts tied to the US benchmarks were flat on Tuesday morning. Futures tied to the Dow Jones Industrial Average slipped by 15 points, or 0.1%. S&P 500 futures and Nasdaq futures lost 0.05%, each. Overnight, the S&P 500 closed at an all-time high on Monday.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.03% lower at 96.68 on Tuesday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee depreciated 0.29% to close at 85.74 to the dollar on June 30.
Crude oil
The crude oil prices were trading on a lower note on Tuesday morning. WTI crude prices were trading at $64.89, down by 0.34%, while Brent crude prices were trading at $66.51, down by 0.35%.
FII, DII data
Foreign institutional investors (FII) were the net sellers of shares worth Rs 787.62 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 3,383.01 crore on June 27, 2024, according to the provisional data available on the NSE.
Gold rate today
The rate for 24-carat gold today is Rs 96,390 per 10 grams, retreating from its all-time high. However, the safe haven’s price is still near the Rs 1 lakh mark. The rate of gold has fallen by 0.86% in the past one month. The 22 kt gold rate today is Rs 88,358 per 10 grams. The 18-carat gold price today is Rs 72,293.
Best and worst performing business groups
The small group majorly surged in Monday’s trade. The Essar Group’s market capitalisation has risen the most, gaining 4.7%. Pennar Group surged 4.42% following Nagarjuna Group. On similar lines, five groups advanced. However, only the Muthoot and Wadia groups were able to make it to the list of the top 10. On the other side, the Jindal BC and Hero Group fell the most.