Sensex Today | Share Market Live Updates: GIFT Nifty signals positive start
₹27,664 crore through 25 January. FPIs were sellers in autos and auto ancillary, media and entertainment and marginally in IT.
They bought in oil and gas, power and selectively in financial services.“The rising bond yields in the US is a matter of concern and this has triggered the recent bout of selling in the cash market. The rally in global stock markets was triggered by the Fed pivot which saw the 10-year bond yield falling from 5% to around 3.8%.
Now the 10-year is back at 4.18% which indicates that the Fed rate cut will come only in H2 of 2024."Asian markets were trading higher on Monday, ahead of a slew of GDP and inflation numbers due out from the region this week. Hong Kong's Hang Seng index was up 1%, Japan's Nikkei up 0.8%, and Korea's Kospi index up 1%.Oil prices jumped 1% on Monday on fuel-supply concerns after a missile struck a Trafigura-operated fuel tanker in the Red Sea and as Russian refined-products exports are set to fall as several refineries are under repair after drone attacks.The GIFT Nifty is up more than 100 points, indicating a gap-up start for the Indian market.
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