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The article provides a snapshot of global market cues influencing the expected opening of Indian benchmark indices, Sensex and Nifty, on July 15. It begins by highlighting the flat trading of GIFT Nifty around 25,157, suggesting a muted start for the Indian market. The preceding day's trading session, July 14, witnessed a decline in benchmark indices after four days of selling pressure. However, the Nifty 50 managed to maintain its position above the 25,000 level, and broader markets demonstrated positive performance with gains across various sectors, except for IT shares. The Nifty 50 touched a low of 25,001.95 but recovered slightly due to last-hour buying, eventually closing at 25,082.30, a decrease of 67.55 points or 0.27 percent. Similarly, the Sensex experienced a decline of 247.01 points or 0.30 percent, settling at 82,253.46. In contrast to the main indices, the broader market indices, specifically the BSE Mid and Smallcap indices, showed gains of 0.5 percent each. Sector-wise performance revealed a decline of 1 percent in the IT index, while pharma, consumer durables, media, realty, and PSU bank sectors experienced growth ranging from 0.5 to 1 percent. The article then shifts its focus to the overnight performance of financial markets across the globe. GIFT Nifty is reported to be trading marginally flat, reinforcing the expectation of a subdued opening for the Indian market. Asian equities exhibited mixed performance, fluctuating between small gains and losses, as investors awaited the release of China's gross domestic product (GDP) data. This data is crucial as it provides insights into the impact of US President Donald Trump's tariffs on the Chinese economy. Wall Street stocks closed with marginal gains, demonstrating resilience in the face of Trump's latest tariff threats. Investors appeared to be holding steady, anticipating a busy week filled with economic data releases and the commencement of the earnings season. The Dow Jones Industrial Average increased by 88.14 points, or 0.20%, to reach 44,459.65, while the S&P 500 gained 8.81 points, or 0.14%, to settle at 6,268.56. The Nasdaq Composite advanced by 54.80 points, or 0.27%, closing at 20,640.33. The yields on the 10-year Treasury and 2-year Treasury were trading marginally lower at 4.42 percent and 3.89 percent, respectively, indicating a slight decrease in investor demand for these assets. The dollar hovered near a three-week high against major currencies, reflecting traders' anticipation of the release of US inflation data. This data is expected to provide clues regarding the future path of monetary policy. Asian currencies generally weakened in early Tuesday trade, with the Indonesian Rupiah experiencing the most significant decline, followed by the Taiwan Dollar, South Korean Won, China Renminbi, Philippines Peso, and Malaysian Ringgit. Oil prices edged down as the market digested Trump's 50-day deadline for Russia to end the Ukraine war and avoid sanctions on buyers of its oil. Lingering concerns about Trump's trade tariffs also contributed to the downward pressure on oil prices. Gold prices remained steady following a modest drop on Monday, after President Donald Trump expressed openness to further tariff negotiations with major economies, including the European Union. This statement potentially eased some concerns about escalating trade tensions. Regarding fund flow action, Foreign Institutional Investors (FIIs) continued their selling spree for the second consecutive day on July 14, offloading equities worth Rs 1614 crore. Conversely, Domestic Institutional Investors (DIIs) maintained their buying activity for the sixth consecutive day, purchasing equities worth Rs 1787 crore on the same day. This suggests a divergence in investment strategies between foreign and domestic investors. The article concludes with a message wishing readers a profitable trading day and includes a disclaimer emphasizing that the views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to consult with certified experts before making any investment decisions. The overall tone of the article is informative and aims to provide readers with a concise overview of the factors influencing market sentiment and potential trading opportunities. It highlights the interplay between global events, economic data releases, and investor behavior in shaping market trends.
The financial markets are complex systems influenced by various factors, from macroeconomic data to geopolitical events. This article effectively summarizes the key drivers affecting market sentiment. The importance of China's GDP data, US inflation figures, and President Trump's trade policies underscore the interconnectedness of global economies. The performance of Asian currencies reflects the sensitivity of emerging markets to international trade dynamics and capital flows. The fund flow data highlights the contrasting strategies of FIIs and DIIs, which can significantly impact market liquidity and stock valuations. Understanding these factors is crucial for investors seeking to navigate the market effectively. The article presents a balanced view, acknowledging both the positive and negative influences on the market. The mention of the IT sector's underperformance serves as a reminder that not all sectors benefit equally from market upturns. The steady performance of gold suggests its role as a safe-haven asset during times of uncertainty. The article's coverage of bond yields provides insights into investor expectations regarding future interest rate movements. By analyzing these different market indicators, readers can gain a more comprehensive understanding of the overall market picture.
The disclaimer at the end of the article is particularly important. It emphasizes the need for investors to conduct their own research and consult with qualified financial advisors before making any investment decisions. Investment decisions should not be based solely on information presented in news articles or opinions expressed by investment experts. It is crucial to consider individual financial circumstances, risk tolerance, and investment goals. The disclaimer also highlights the fact that Moneycontrol.com does not endorse or guarantee the accuracy of the information provided by external experts. This underscores the importance of critical thinking and due diligence when evaluating investment advice. In conclusion, the article provides a valuable overview of global market cues and their potential impact on Indian markets. It highlights the key factors driving market sentiment and encourages readers to make informed investment decisions. By understanding the interplay between global events, economic data releases, and investor behavior, readers can better navigate the complexities of the financial markets and increase their chances of achieving their investment goals. However, it's crucial to remember that market predictions are inherently uncertain, and past performance is not necessarily indicative of future results.
Source: First Tick: Here are the top global cues for today’s trade