The global markets are trading on a cautious note as Trump threatens Iran to hit hard. This led to a surge in crude oil prices to trade near the $90 a barrel mark. The GIFT Nifty is indicating a quiet start for Indian markets, down 25 points or 0.10%.
Earlier on Wednesday, the Nifty 50 closed the session 1.10% higher at 24,250, while the BSE Sensex closed 1.16% higher at 77,654.60.
👉Key global and domestic cues for July 30, 2026
👉Asian Markets
Asia-Pacific markets opened Thursday’s trade on a cautious note amid higher oil prices after US President Donald Trump threatened to hit Iran hard. Also, the US Fed kept the benchmark rates steady. Japan’s Nikkei 225 slipped 0.25% while the Topix declined 0.59%. The Kospi gained 0.89% at the open after a sharp drop on Wednesday, while the small-cap Kosdaq lost 0.73%. Hong Kong Hang Seng index futures were at 25,959, compared with the index’s last close of 25,807.92.
👉US Stock Futures
US stock futures tied to benchmarks are trading higher on Thursday morning as investors digested the latest Big Tech earnings and the Federal Reserve’s decision to hold rates steady. Futures tied to the Dow Jones Industrial Average added 158 points, or 0.3%. S&P 500 futures advanced 0.4%, and Nasdaq 100 futures climbed 0.6%.
👉US markets on Wednesday
On Wednesday, the US stock market dropped after the US Federal Reserve kept rates unchanged as investors expected a rate cut to fight inflation. The Dow Jones Industrial Average closed 1,153.18 points lower, or 2.19%, at 51,594.14 for its worst decline since April 2025. The S&P 500 slid 1.52% to end the day at 7,316.15. The Nasdaq Composite fell 1.74% to 24,442.94, ending the session more than 10% off its all-time high.
👉Crude oil
West Texas Intermediate (WTI) crude futures were trading flat at $84.45 per barrel. On the other hand, Brent crude futures with August delivery were trading 0.35% lower at $90.42, trading near the psychologically important level of $90. On COMEX, crude prices traded 0.03% higher at $84.51 a barrel.
👉Gold rate today
On COMEX, the precious metal was trading at $4,063 an ounce, up 0.66%.
The rate for 24-carat gold today is Rs 1,42,530 per 10 grams. The price of gold has risen 0.37% from yesterday. The 24 kt gold rate today in Delhi is Rs 1,42,280 per 10 grams. The 18-carat gold price today in India is Rs 1,06,897.5. The 24-carat gold rate in Dubai today is Rs 1,49,590.
👉Silver rate today
On COMEX, Silver prices traded 0.04% higher at $58.11 per troy ounce.
In India, the silver rate rose 0.77%% 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.
👉FII, DII data
Foreign institutional investors (FIIs) were net buyers of shares worth Rs 2,981.87 crore. On the other hand, the Domestic institutional investors (DIIs) were net buyers of shares worth Rs 998.02 crore on July 29, 2026, according to the provisional data available on the NSE.
👉US dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.04% higher at 100.87. 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 0.23% to close at 95.64 to the dollar on July 29.
👉Top sectors in Wednesday’s trade
The Rubber sector’s stocks surged the most in Wednesday’s trade, rising 8% in market capitalisation. Further, Recycling stocks were followed by the Beverages – Non-Alcoholic sector stocks, which were further followed by the Education stocks. However, the Education sector stocks fell the most, declining 2.2%.
Report by Sparsh Bansal
Source: Financial Express
No comments:
Post a Comment