How will markets open today? GIFT Nifty up, Nikkei higher, and 6 other cues to watch at this hour
What to watch for trade today, September 05: GIFT Nifty traded higher, indicating a positive start for Indian indices. Asian markets were up, and the US futures traded in the green.
Trade setup today, September 05: On Thursday, the NSE Nifty 50 closed the session 19 points or 0.08% higher at 24,734. (Image: Canva)
The Global markets are trading on a higher note, supporting the sentiments of domestic investors. The GIFT Nifty was trading 53 points or 0.21% higher at 24,880. Here are domestic as well as key global cues to watch before the market opens that include crude oil prices, FII and DII data, business groups that most affect, sectoral performance, etc.
Earlier on Thursday, the NSE Nifty 50 closed the session 19 points or 0.08% higher at 24,734, while the BSE Sensex rose 150 points or 0.19% to close at 80,718.
Key global and domestic cues to know on September 05, 2025
Asian Markets
The Asian markets are trending higher in Friday’s morning trade, tracking overnight gains on Wall Street. Japan’s benchmark Nikkei 225 is up 0.83% in early trading, while the Topix index increased 0.31%. Meanwhile, South Korea’s Kospi index is 0.03% higher, and the small-cap Kosdaq added 0.55%. Hong Kong’s Hang Seng index is also in the green.
US markets
The futures contract tied to the US benchmarks is a little changed. Futures tied to the Dow Jones Industrial Average inched up 4 points, or 0.01%, while S&P 500 futures were also virtually unchanged, up just 0.09%. Nasdaq 100 futures gained 0.2%.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.10% lower at 98.17 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 depreciated 0.08% to close at 88.15 to the dollar on September 04.
Crude oil
The crude oil prices traded on a lower note on Friday morning. WTI crude prices were trading at $63.17, down by 0.49%, while Brent crude prices were trading at $66.64, a fall of 0.52%.
The rate for 24-carat gold today is Rs 106,720 per 10 grams, trading at its all-time high for the sixth consecutive day. The safe haven’s price is trading above the Rs 1 lakh mark. The price of gold has risen by 5.3% over the past one month. The 22 kt gold rate today is Rs 97,827 per 10 grams. The 18-carat gold price today is Rs 80,040. The 24-carat gold rate in Dubai today is Rs 1,02,210.73.
Among business groups, Emami Group led the rally with gains of over 4%, followed closely by Mahindra Group, which advanced nearly 4%. Apollo Hospitals Group added more than 2%, while Bajaj Group rose close to 2%. On the flip side, Essar Group and Ruchi Group both slipped over 3%, and Pennar Group saw the sharpest decline of nearly 4%.
In today’s trade, leather stocks emerged as the standout performers with gains of over 3%, while food processing companies also saw a solid move higher by more than 2%. Paper counters advanced close to 2%, and electronics stocks added nearly 1.5%.
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This article was first uploaded on September five, twenty twenty-five, at twenty-five minutes past seven in the morning.