Market Alert: Global Cues, Q3 Results to Drive Today's Trade
Business
M
Moneycontrol•07-01-2026, 08:51
Market Alert: Global Cues, Q3 Results to Drive Today's Trade
- •Indian markets may open negatively, with GIFT Nifty indicating weakness after two consecutive sessions of decline.
- •Global markets show mixed signals: US indices (Dow, S&P) hit record highs, while Asian markets are trading mixed; FIIs continued selling.
- •Crude oil prices fell nearly 2% following Donald Trump's statement on Venezuela oil; silver neared record highs, and gold also rose.
- •Key companies reported Q3 updates: Titan's jewelry business grew 41%, GCPL expects double-digit revenue growth, Jubilant Food's revenue increased 13.4%, and Lodha's pre-sales rose 25%.
- •Nifty is expected to consolidate if it remains below 26200; US bond yields remained stable, and the dollar index traded in a limited range.
Why It Matters: Indian markets face mixed global cues and company results, suggesting a cautious trading day.
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