The GIFT Nifty opened higher at 26,040, gaining 80 points or 0.31%, signaling a positive start for the Indian market. Investors are tracking global cues closely, including movements in crude oil, gold prices, and currencies, which could influence market sentiment through the day.
On Thursday, Indian equities ended almost flat. The Sensex rose 130 points (0.15%) to close at 84,556.40, while the Nifty edged up 22.8 points (0.09%) to settle at 25,891.40, as investors booked profits after early gains.
Key global and domestic cues to know on October 24, 2025
Asian Markets
Asian shares moved higher on Friday after the White House confirmed that US President Donald Trump and China’s President Xi Jinping will hold discussions next week. Japan’s Nikkei 225 gained 0.8%, while the Topix rose 0.4%. In South Korea, the Kospi advanced 1% and the Kosdaq was up 0.9%. Meanwhile, Australia’s ASX 200 opened slightly positive, trading 0.2% higher.
India-US trade talks gain momentum
Commerce and Industry Minister Piyush Goyal said on Thursday that discussions between India and the United States on a proposed trade agreement are making steady progress. He added that both sides are working towards achieving a balanced and fair deal soon.
A delegation from India, led by Commerce Secretary Rajesh Agrawal, visited Washington last week for a three-day round of trade talks, which concluded on October 17.
US market
US markets closed in the green on Thursday. The S&P 500 rose 0.58% to end at 6,738.44, while the Dow Jones Industrial Average added 144 points (0.31%), closing at 46,734.61. The Nasdaq Composite led the gains, advancing 0.89% to finish at 22,941.80.
US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.03% up on Friday’s 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 0.11% to close at 87.84 to the dollar on October 23.
Crude Oil
Oil prices slipped in early trade on Friday. WTI crude fell 0.37% to $61.56 a barrel, while Brent crude also edged down 0.37% to $65.74 per barrel.
FII, DII data
Foreign investors (FIIs/FPIs) turned net sellers on October 23, offloading Indian equities worth Rs 1,166 crore, as per provisional exchange data. In contrast, domestic institutional investors (DIIs) continued to support the market, making net purchases of Rs 3,894 crore worth of shares.
Gold rate today
In the latest on the yellow metal, the gold rate in Dubai, 24-carat gold was priced at AED 499 per gram, while 22-carat traded at AED 462 per gram and 18-carat at AED 379 per gram.
As per Goodreturns, in India, the 24-carat gold rate today is Rs 1,25,070/10 gm, while 22-carat gold costs Rs 1,14,640. For those preferring 18-carat gold, the price is Rs 93,800 for the same weight.
Top sectors in previous trading session
The textile sector led the gains with a 2.58% rise, followed by information technology, which added 1.88%. Beverages (non-alcoholic) stocks were up 1.28%, while the aquaculture sector inched higher by 0.93%.
Best and worst performing business group in last trading session
Among major groups, Pennar Group led the gains with a 4.43% jump, followed closely by Nagarjuna Group and Garware Group, which rose 4.24% and 4.10%, respectively. On the downside, Muthoot Group slipped 2.93%, Manipal Group fell 2.07%, and Bharti Group declined 1.55%.