Global Cues Signal Mixed Start for Indian Markets Today
Business
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Moneycontrol•29-01-2026, 08:14
Global Cues Signal Mixed Start for Indian Markets Today
- •Indian benchmark indices Sensex and Nifty are expected to open flat to negative on January 29, following a marginally lower GIFT Nifty.
- •Global markets showed mixed trends overnight: Asian equities fell, US equities saw slight gains, and US bond yields were mixed.
- •The dollar index fell, while Asian currencies traded mixed; crude oil prices rose due to Middle East concerns, and gold hit a record high.
- •Foreign Institutional Investors (FIIs) turned buyers on January 28, investing Rs 480 crore after 15 sessions of selling.
- •Domestic Institutional Investors (DIIs) continued strong buying, investing Rs 3,360 crore in the market.
Why It Matters: Indian markets face a mixed global backdrop with FIIs returning to buying, suggesting cautious optimism.
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