Pre-Market Report: Indian Markets Eye Muted Opening Amid Mixed Global Cues
Published: 2025-09-16 08:00 IST | Category: Markets | Author: Abhi
Global Market Cues
Global markets presented a mixed picture overnight and in early Asian trade. US equities closed at record highs on Monday, September 15, 2025, driven by anticipation of a Federal Reserve rate cut. The S&P 500 advanced 0.5% to close above 6,600 for the first time, while the Nasdaq Composite gained 0.9% to reach a new record of 22,348.75. The Dow Jones Industrial Average also saw a modest rise of 49 points, or 0.1%, ending at 45,883.45. This rally was partly fueled by strong performances from companies like Tesla and Alphabet, with the latter's market value surpassing $3 trillion.
In Europe, markets closed mixed on Monday. The Stoxx Europe 600 index rose 0.4%, Germany's DAX was up 0.15%, and France's CAC 40 gained 0.95%. However, the UK's FTSE 100 edged down 0.11%. The positive sentiment in Europe was also influenced by expectations of a dovish move from the US Federal Reserve later in the week.
Asian markets largely edged higher on Tuesday morning. Japan's Nikkei 225 surged past 45,000 for the first time, and the Topix index hit a record high of 3,172.33. South Korea's Kospi gained 0.63%, and Australia's S&P/ASX 200 rose by 0.26%. Hong Kong markets also opened positively. This regional optimism was bolstered by progress in US-China trade talks and the widespread expectation of an upcoming US Fed rate cut. However, the Shanghai Composite index saw a slight decline.
Crude oil prices showed a slight upward movement, with WTI increasing by 0.27% to $63.47 a barrel and Brent crude rising 0.29% to $67.62. The US Dollar Index (DXY) was trading marginally higher at 97.67.
GIFT Nifty and Domestic Cues
GIFT Nifty futures are indicating a muted to flat opening for the Indian benchmark indices. Trading around 25,154 to 25,161, GIFT Nifty showed a slight discount of 0.03% to 0.1% from its previous close, suggesting a modest negative start for the Nifty 50.
On Monday, September 15, Indian markets closed marginally lower, snapping an eight-day winning streak. The Sensex declined by 118.96 points (0.15%) to settle at 81,785.74, while the Nifty 50 fell 44.80 points (0.18%) to 25,069.20. Selling pressure in IT and auto stocks, coupled with caution ahead of the US Federal Reserve's policy outcome, contributed to the decline. Foreign Institutional Investors (FIIs) were net sellers, pulling out Rs 1,269 crore from Indian equities, while Domestic Institutional Investors (DIIs) provided support with net purchases of Rs 1,933 crore. The Indian rupee depreciated slightly, closing at 88.20 against the US dollar.
Key Stocks in Focus
Investors will be closely watching several sectors and specific stocks today.
- Sectors such as autos, metals, infrastructure, and IT are expected to be in focus.
- Any companies with exposure to the ongoing US-China trade talks could see movement.
Key Events to Watch Today
The most significant event influencing global markets this week is the ongoing Federal Open Market Committee (FOMC) meeting in the US.
- The market is widely anticipating a 25-basis-point interest rate cut from the Federal Reserve, with the decision expected on Wednesday, September 17, 2025.
- The US retail sales report for August is also scheduled for release today, which could provide further insights into the health of the US economy.
- Developments in US-China trade talks will continue to be monitored.
TAGS: Pre-Market, Stock Market, Nifty, Sensex, Market Update
Tags: Pre-Market Stock Market Nifty Sensex Market Update