Global Markets Trade Mixed as Indian Markets Open Higher

The Financial Express
Global Markets Trade Mixed as Indian Markets Open Higher
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The global markets are trading on a mixed note. The Asian peers are trading in the red. However, a fall in crude oil prices boosted Indian investor sentiment. The GIFT Nifty is indicating a positive start for Indian markets, up 89 points or 0.37%. Earlier on Friday, the Nifty 50 closed the session 0.27% higher at 24,383, while the BSE Sensex closed 0.21% higher at 78,095. Asia-Pacific markets opened Monday’s trade on a lower note. Japan’s Nikkei 225 fell 1.79% while the Topix declined 1.45%. The Kospi dropped 4.57% at the open, while the small-cap Kosdaq slipped 1.67%. Hong Kong Hang Seng index futures were last at 25,922, compared with the index’s last close of 25,884.43. US stock futures tied to benchmarks are trading higher on Monday morning. Futures tied to the Dow Jones Industrial Average rallied 200 points, or 0.4%. S&P 500 futures advanced 0.5%, and Nasdaq-100 futures climbed 0.8%. On Friday, the US stock market closed higher as investors looked past rising bond yields. The Nasdaq Composite rose 1% to end at 25,373.85, while the S&P 500 added 0.7% to close at 7,489.72. The Dow Jones Industrial Average gained 276.97 points, or 0.53%, to 52,485.03. Crude oil prices slipped after US President Donald Trump cancelled a planned attack on Iran. OPEC+ agreeing on increasing production quotas in September, completing the rollback of voluntary cuts, further weighed on prices. West Texas Intermediate (WTI) crude futures slipped 4.72% to trade at $80.67 per barrel. On the other hand, Brent crude futures were trading almost 5% lower at $84.12, below the psychologically important level of $90. On COMEX, crude prices traded 4.87% lower at $80.67 a barrel. On COMEX, the precious metal was trading at $4,115.80 an ounce, up 0.21%. The rate for 24-carat gold today is Rs 1,43,170 per 10 grams. The price of gold has fallen 0.45% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,42,930 per 10 grams. The 18-carat gold price today in India is Rs 1,07,377.5. The 24-carat gold rate in Dubai today is Rs 1,49,590. On COMEX, Silver prices traded 1.17% higher at $58.46 per troy ounce. In India, the silver rate fell 1.07%% to Rs 2.17 lakh per kilogram. Silver had surged to record highs in January amid geopolitical tensions and economic uncertainty, with heavy speculative buying pushing prices higher, but soon faced volatility. Foreign institutional investors (FIIs) were net buyers of shares worth Rs 277.48 crore. On the other hand, the Domestic institutional investors (DIIs) were net buyers of shares worth Rs 2,260.37 crore on July 31, 2026, according to the provisional data available on the NSE. The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.24% lower at 99.67. 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 appreciated 0.31% to close at 95.39 to the dollar on July 31. The NBFC sector’s stocks surged the most in Friday’s trade, rising 3.8% in market capitalisation. Further, Education stocks were followed by the Electric Equipment sector stocks, which were further followed by the Cables stocks. However, the Rubber sector stocks fell the most, declining 3%.

Disclaimer: This content has not been generated, created or edited by Achira News.
Publisher: The Financial Express

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