First Tick: The best worldwide indicators for today's trade are listed here.
The Foreign institutional investors (FIIs) extended their purchasing on second day on March 21 as they bought shares worth Rs 7,470 crore, while Domestic institutional investors (DIIs) also extended their selling on second day as they sold equities of Rs 3,202.26 crore, on the same day.
Following signals from the GIFT Nifty, which was trading at 23,506 just this morning, the Indian benchmark indices, the Sensex and Nifty 50, are probably going to start the day on a high note on March 21.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
Indian equity indices ignored the weak global markets and extended the gains on the fifth consecutive session on March 21 with Nifty crossing 23,400, intraday, led by buying across the sectors.
At close, the Sensex was up 557.45 points or 0.73 percent at 76,905.51, and the Nifty was up 159.75 points or 0.69 percent at 23,350.40.
US Stocks (Down)
Following US President Donald Trump's indication that he would be accommodating on a new round of tariffs that are anticipated to be implemented early next month, Wall Street and the dollar both slightly increased on Friday.
The S&P 500 increased 4.55 points, or 0.08%, to 5,667.44, the Dow Jones Industrial Average increased 31.88 points, or 0.08%, to 41,985.20, and the Nasdaq Composite increased 92.43 points, or 0.52%, to 17,784.05.Yield on US Bonds (Gains)
10-year Treasuries saw a 0.54 basis point increase in yield to 4.26 percent, while 2-year Treasuries saw a 59 basis point increase to 3.97 percent.
Dollar Index (Flat)
The dollar drifted just below a three-week high versus major peers on Monday as traders cautiously awaited clarity on U.S. President Donald Trump's next round of tariffs.
Asian currencies (Mixed)
Asian currencies were trading mixed lower in the early trade on Monday with Japanese Yen falling the most followed by Indonesian Rupiah, South Korean Won, China Renminbi and Malaysian Ringgit.
Crude (Down)
Oil prices held steady on Monday as investors assessed the outlook for ceasefire talks aimed at ending the Russia-Ukraine war, which could lead to an increase in Russian oil to global markets.
Gold (Flat)
Gold was steady — after two days of declines — as economic and geopolitical risks supported haven demand, despite signs that the next wave of US tariffs may be more targeted than expected.
Fund Flow Action
The Foreign institutional investors (FIIs) extended their buying on the second day on March 21 as they bought equities worth Rs 7,470 crore, while Domestic institutional investors (DIIs) also extended their selling on the second day as they sold equities of Rs 3,202.26 crore, on the same day.
Hope you're all set for today's trade, we wish you a profitable day ahead.
Disclaimer: 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 check with certified experts before taking any investment decisions.
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