A positive start is expected in the Indian stock market on 22 January. The rise of GIFT Nifty is indicating that the market may give positive signals for investors. However, Sensex and Nifty had seen a decline in the previous day’s trading, which is the result of the current market mood and international developments.
Performance of Sensex and Nifty
Indian benchmark indices Sensex and Nifty declined last day.
- Sensex: Closed below 76,000 points for the first time in seven months. Sensex closed at 75,838.36 with a fall of 1.60% i.e. 1235 points.
- Nifty 50: It closed at 23,024.65, down 1.37% or 320.1 points.
These indices were mainly impacted by disappointing financial results and uncertainty over international trade policies.
Today’s major events and factors affecting the market
1. Gift Nifty Performance
Positive trend is being seen in GIFT Nifty in early trade today.
- Currently it is trading at the level of 23,164.50, which shows a gain of 50 points (0.21%).
- This indicates that the Indian market may have a strong start to the day.
2. Dollar Index
A slight decline has been recorded in the dollar index.
- There remains uncertainty in financial markets due to the lack of clarity on President Donald Trump’s potential tariff plans.
- This decline may also impact the Indian currency and other emerging markets.
3. US Bond Yield
Bond yields have seen strength.
- 10-Year Treasury Yield: With an increase of 35 basis points it reached 4.59%.
- 2-Year Treasury Yield: It is trading up 25 basis points at 4.28%.
This indicates that investors are cautious about risk and are turning to safer assets.
Asian markets situation
A mixed trend is being seen in Asian markets today.
- Nikkei: Trading positive with a gain of 1.46%.
- Strait Times: Looks stable with a slight rise of 0.12%.
- Taiwan: Registering a growth of 1.23%.
- Hang Seng: Showing a decline of 1.07%.
- Kospi: Is trading up 0.75%.
- Shanghai Composite: With a rise of 0.63% it is at the level of 3,223.31.
Other factors affecting the market
1. Global trade policies and tariff uncertainty
Ambiguity over President Donald Trump’s tariff and trade policies has increased volatility in global markets. Its effect can also be seen on the Indian market.
2. Quarterly results of Indian companies
Disappointing quarterly results have been a major reason for the recent weakness in the Indian market.
- Investors are keeping a close eye on the upcoming results, which could decide the direction of the market.
3. Crude Oil Prices
Fluctuations in crude oil prices can also affect the market. India, which is dependent on imports, may come under pressure due to higher prices.
advice for investors
- Take a long-term view: Despite market volatility, continue investing in stocks with strong fundamentals.
- Focus on Financial Results: Analyze the quarterly results of Indian companies and invest wisely.
- Keep track of global events: It is important to keep a close eye on the dollar index, bond yields, and crude oil prices.
