Indian equity indices are expected to open on a lower note following negative global cues. The GIFT Nifty was trading 36 points or 0.15% lower at 24,630. Here are key global cues to watch before the market opens that include new crude oil prices, FII and DII data, business groups that most affect, sectoral performance, etc.
Earlier on Tuesday, the NSE Nifty 50 closed the session 45 points or 0.18% lower at 24,580, while the BSE Sensex fell 207 points or 0.26% to close at 80,158.
Key global and domestic cues to know on September 03, 2025
Asian Markets
The Asian markets mostly fell in Wednesday’s morning trade, tracking losses on Wall Street as investors assessed rising global bond yields and the latest developments on the trade front. Japan’s Nikkei 225 lost 0.43%, while the broader Topix index moved down 0.35%. Over in South Korea, the Kospi index ticked up 0.16%, while the small-cap Kosdaq was flat. Futures for Hong Kong’s Hang Seng index stood at 25,445, pointing to a weaker open compared with the HSI’s last close of 25,496.55.
US markets
The US markets closed Tuesday’s session on a lower note, with investors weighing the latest developments on the trade front to kick off a seasonally poor month for equities. Rising yields also worried investors. The Dow Jones Industrial Average ended down 249 points, or 0.55% to close at 45,295.81. The S&P 500 dropped 0.69% to settle at 6,415.54, while the Nasdaq Composite slid 0.82% to close at 21,279.63.
Gold rate today
The rate for 24-carat gold today is Rs 106,200 per 10 grams, trading at its all-time high for the fourth consecutive day. The safe haven’s price is trading above the Rs 1 lakh mark. The price of gold has risen by 4.5% over the past one week. The 22 kt gold rate today is Rs 97,350 per 10 grams. The 18-carat gold price today is Rs 79,650. The rate of 24-carat gold in Dubai is Rs 1,01,683.50.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.11% higher at 98.43 on Wednesday 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 appreciated 0.06% to close at 88.16 to the dollar on September 02.
Crude oil
The crude oil prices traded on a muted note on Wednesday morning. WTI crude prices were trading at $65.64, up by 0.07%, while Brent crude prices were trading at $69.13, with no change.
FII, DII data
Foreign institutional investors (FII) were the net sellers of shares worth Rs 1,171.04 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 2,433.82 crore on September 02, 2025, according to the provisional data available on the NSE.
Top sectors in Tuesday’s trade
Sugar stocks led the rally in today’s trade with the sector gaining over 5%, followed by tyre companies, which jumped more than 4%. Aquaculture names also saw healthy buying, rising close to 3.6%, while the shipping space added nearly 3%. Tea and coffee counters joined the momentum too, ending the day with gains of about 2%.
Best and worst performing business groups
In Tuesday’s trading session, Indiabulls Group stocks surged the most with gains of nearly 7%, while Anil Ambani Group stocks rose about 5%. Nagarjuna Group followed closely with an uptick of almost 4.7%, and L G Balakrishnan Group also ended higher, adding close to 3.7%.