Pre-market Update (July 17): Gift Nifty up 27 points; markets eye flat-to-positive start amid earnings, global uncertainty
Published on 17/07/2025 08:34 AM
Markets are set for a flat to positive open this Thursday, as GIFT Nifty futures traded 27 points higher at 25,273 around 8:00 AM, hinting at a cautious but optimistic start for benchmark indices.
Domestic equities are expected to be influenced by a mix of Q1 earnings, institutional flows, IPO activity, and mixed global cues.
Asian markets are trading mixed amid weak Japanese trade data and renewed geopolitical uncertainty:
Japan’s exports fell 0.5% YoY in June (vs. expected +0.5%), dragging the Nikkei 225 down 0.46%
South Korea’s Kospi slipped 0.79%, while Australia’s ASX 200 edged up 0.54%
Comments from US President Trump regarding potential Fed leadership changes and fresh tariff threats have added to investor nervousness
US Futures are slightly in the red during Asian hours after modest gains on Wall Street overnight:
S&P 500: +0.32% | Dow: +0.53% | Nasdaq: +0.26% (record close for 9th straight session)
Key results today include Tech Mahindra, LTTS, Angel One, and Ixigo. A heavy line-up follows with Axis Bank, Wipro, Jio Financial, LTIMindtree, and many midcaps across sectors reporting.
Institutional Flows (July 16)
FIIs net sold ₹1,795 crore
DIIs net bought ₹1,221 crore
Smartworks Coworking debuts today
Subscription continues for Monika Alcobev (SME)
Anthem Biosciences and Spunweb Nonwoven allotment updates expected
Gold jumped 0.9% to $3,352.49/oz amid Fed-related uncertainty
Oil eased slightly: Brent at $68.52 (-0.3%), WTI at $66.38 (-0.2%)
US gasoline inventories rose unexpectedly by 3.4 million barrels
US data on retail sales, jobless claims, and trade
Eurozone inflation figures due later today
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.
LATEST NEWSBy accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.