Indices may open up on October 10, 2024

10 Oct 2024 , 07:48 AM

Benchmark indices of Indian Stock market may open positive today. The GIFT Nifty was around 115 points up in the morning trading at 25,196 signaling positive start.

The Indian indices closed lower on October 09 with Sensex down 161 points, closing at 81,467.10 and Nifty was down 31.20 points to close at 24,982.

Global Markets:

S&P 500 futures were little changed, while Nikkei 225 futures rose by 0.5%. Japan’s Topix increased by 0.4%, and Australia’s S&P/ASX 200 saw a rise of 0.6%. In Hong Kong, the Hang Seng gained 2.4%, and the Shanghai Composite experienced an increase of 0.5%.

While the US markets were closed mixed last night. S&P 500 closed 0.71% up at 5,792.04 and Nasdaq closing at 18,291.62, 0.60% up. However, the Dow Jones was down 0.02% and settled at 42,501.98.

FII & DII data:

FIIs continued there selling spree on October 09. Foreign portfolio investors net sold shares worth ₹4,563 crore, bringing their total sales for the month to ₹48,431 crore. In contrast, domestic institutions were net buyers, acquiring shares worth ₹3,509 crore.