Indian equity indices are expected to open on a muted note. The Asian indices were trading higher. The GIFT Nifty is trading flat at 24,843. 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 Thursday, the NSE Nifty 50 closed the session 131 points or 0.53% higher at 24,751, while the BSE Sensex rose 444 points or 0.55% to close at 81,442.
Key global and domestic cues to know on June 6, 2025
Asian Markets
Asia-Pacific markets traded higher on Friday morning after U.S. President Donald Trump and Chinese President Xi Jinping talked over a phone call. Trump and Xi spoke on Thursday and agreed that officials from both countries will meet soon to continue negotiations on the tariff war. Japan’s benchmark Nikkei 225 rose 0.31% and the Topix gained 24% at the open. South Korea’s Kospi jumped 1.49% while the small-cap Kosdaq advanced 0.8%. The Asia Dow was down 0.11% at 3,629.48.
US markets
The US markets closed Thursday’s session on a lower note after a sharp dip in Tesla’s stock. The Dow Jones Industrial Average fell 108 points, or 0.25%, ending at 42,319.74. S&P 500 dropped 0.53% to close at 5,939.30. The Nasdaq Composite lost 0.83% to settle at 19,298.45.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was flat at 98.74 on Friday 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 0.13% to close at 85.80 to the dollar on June 05.
Crude oil
The crude oil prices traded on a lower note on Friday morning. WTI crude prices were trading at $63.24, down by 0.20%, while Brent crude prices were trading at $65.24, down by 0.16%.
FII, DII data
Foreign institutional investors (FII) were the net sellers of shares worth Rs 208.47 crore. Meanwhile, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 2,382.40 crore on June 05, 2024, according to the provisional data available on the NSE.
Gold rate today
The gold price once again touched a new lifetime high. The rate for 24-carat gold today is Rs 98,020 per 10 grams. The rate of gold has surged by 2.86% in the last week. The 22 kt gold rate today is Rs 89,852 per 10 grams. The 18-carat gold price today is Rs 73,515.