Indian equity indices are expected to open on a muted note following mixed global cues. The US futures were trading flat. The GIFT Nifty was trading 0.13% lower at 24,676. 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 Monday, the NSE Nifty 50 closed the session 150 points or 0.63% lower at 24,680, while the BSE Sensex slumped 570 points or 0.70% to close at 80,890.
Key global and domestic cues to know on July 29, 2025
Asian Markets
Asia-Pacific markets were trading on a mixed note as investors awaited the outcome of the ongoing US-China trade talks. Investors also await the result of the US Federal Reserve meeting due Wednesday. Japan’s benchmark Nikkei 225 fell 0.61%, while the Topix lost 0.76%. South Korea’s Kospi fell 1.09%, and the small-cap Kosdaq was trading flat. However, Hong Kong’s Hang Seng was up 0.68% and the Chinese Shanghai Composite rose 0.12%.
US markets
Stock futures were unchanged on Monday despite the S&P 500 and Nasdaq Composite eking out yet another record. The S&P 500 futures and Nasdaq 100 futures gained roughly 0.1%. Futures tied to the Dow Jones Industrial Average added just 6 points.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.1% lower at 98.65 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 0.15% to close at 86.66 to the dollar on July 28.
Crude oil
The crude oil prices traded on a lower note on Tuesday morning. WTI crude prices were trading at $66.75, up by 0.05%, while Brent crude prices were trading at $70.09, up by 0.07%.
FII, DII data
Foreign institutional investors (FII) were the net sellers of shares worth Rs 5,876.76 crore. On the other hand, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 6,599.19 crore on July 28, 2024, according to the provisional data available on the NSE.
Gold rate today
The rate for 24-carat gold today is Rs 98,040 per 10 grams, consolidating near its all-time high. The safe haven’s price is near the Rs 1 lakh mark. The rate of gold has fallen by 2.76% in the past one week. The 22 kt gold rate today is Rs 89,870 per 10 grams. The 18-carat gold price today is Rs 73,530.
Top sectors in Monday’s trade
In the broader market, the non-alcoholic beverages sector saw a 1.97% increase in market capitalisation. Cable stocks rose 0.9%, and the Paints and pigments sector added 0.83%. Other sectors like Tea and Coffee posted gains of 0.67%.