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10 key things that changed for market overnight- Gift Nifty, Gaza peace deal to gold, silver prices

10 key things that changed for market overnight- Gift Nifty, Gaza peace deal to gold, silver prices

The global financial landscape witnessed significant overnight developments, shaping the sentiment for Tuesday’s market opening. From geopolitical breakthroughs to key economic indicators, here are the 10 most important updates investors should know before the market bell rings.


1. Flat Start Indicated for Indian Markets

Gift Nifty was trading around 25,312, showing a slight premium of about 3 points from the Nifty futures’ previous close, signaling a flat start for the Indian stock market indices    Sensex and Nifty 50. The cautious tone reflects mixed cues from global markets.

On Monday, the Sensex fell 173.77 points (0.21%) to close at 82,327.05, while the Nifty 50 slipped 58 points (0.23%) to 25,227.35.


2. Expert View on Market Outlook

According to Siddhartha Khemka, Head of Research at Motilal Oswal Financial Services, markets are expected to stay range-bound in the near term, influenced by Q2 earnings announcements and global tariff developments. While domestic fundamentals remain strong, volatility may persist amid trade-related uncertainties.


3. Mixed Trend in Asian Markets

Asian markets traded mixed despite Wall Street’s overnight rally.

  • Japan’s Nikkei 225 fell 1.10%, while Topix dropped 1.31%.

  • South Korea’s Kospi gained 1.01%, and Kosdaq advanced 0.84%.

  • Hong Kong’s Hang Seng futures indicated a lower opening.


4. Wall Street Rally on Trade Easing Hopes

The US stock market closed sharply higher on Monday after President Donald Trump took a conciliatory stance on renewed US-China trade tensions, calming investor nerves.

  • Dow Jones: up 1.29% at 46,067.58

  • S&P 500: up 1.56% at 6,654.72

  • Nasdaq: up 2.21% at 22,694.61

Tech shares led the rally with Nvidia (+2.8%), Broadcom (+9.88%), Micron (+6.15%), and Tesla (+5.42%) gaining significantly.


5. Historic Gaza Peace Deal Signed

In a major geopolitical development, US President Donald Trump, along with leaders from Qatar, Egypt, and Turkey, signed the Gaza Peace Deal. As part of the ceasefire agreement, Hamas freed the last living Israeli hostages, and Israel released Palestinian detainees. This breakthrough has brought cautious optimism to global markets.


6. US-China Trade War: Port Fees Announced

The US and China have decided to impose port fees on ocean shipping firms transporting goods from crude oil to holiday toys. China confirmed it would levy these charges on US-owned, operated, or flagged vessels, while Chinese-built ships will remain exempt.


7. India’s Retail Inflation Hits 8-Year Low

India’s CPI-based retail inflation fell to an 8-year low of 1.54% in September, below the RBI’s comfort zone. Inflation was 2.07% in August and 5.49% in September 2024. The last time inflation was this low was June 2017 (1.46%), offering relief to policymakers and consumers alike.


8. HCL Technologies Reports Strong Q2 Results

HCL Technologies posted an impressive 10.2% QoQ rise in net profit to ₹4,236 crore, while revenue grew 5.2% to ₹31,942 crore. EBIT margin improved to 17.25%, and the company declared an interim dividend of ₹12 per share, reinforcing investor confidence in India’s IT sector.


9. Gold and Silver Prices Hit Record Highs

Amid geopolitical uncertainties, gold prices surged to record highs on safe-haven demand.

  • Spot gold rose 0.4% to $4,124.79/oz, after touching an all-time high of $4,131.52.

  • US gold futures gained 0.3% to $4,143.10.

  • Silver climbed 0.4% to $52.5868/oz in London.

Investors are flocking to precious metals amid ongoing trade tensions and global policy shifts.


10. Dollar and Crude Oil Trade Steady

The US dollar held firm at 99.34, with the yen weakening to 152.57 per dollar and the euro trading at $1.1566.
Meanwhile, crude oil prices moved higher on optimism surrounding US-China trade talks:

  • Brent crude rose 0.43% to $63.59/barrel.

  • WTI crude gained 0.49% to $59.78/barrel.


Conclusion

Tuesday’s market is expected to open flat but remain sensitive to global cues. With the Gaza Peace Deal, US-China trade developments, and corporate earnings in focus, investors should brace for short-term volatility while keeping an eye on long-term fundamentals.

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