What Is Shaping The Stock Market Today? Dalal Street Set for Muted Open Amid Global Uncertainty
Stock Market Today: Sensex, Nifty Likely to Open Flat After Cautious Monday Close
Good morning, traders! While Wall Street chose to rest, Dalal Street definitely did not get the picture. On Monday, the Indian stock market declined under the influence of weak global cues, with the Sensex losing 324 points (0.39%) to reach 83,246 and the Nifty 50 decreasing by 109 points (0.42%) to finish at 25,585, once more relinquishing the 25,600 level. The atmosphere? Wary. The actions? Uncertain. Risk appetite? Left securely on the sidelines. How about the market on Tuesday? Don’t think of any major events at the opening bell. The market is likely to tiptoe rather than run, as Gift Nifty is at about 25,595, indicating a flat and indecisive beginning. With global markets emitting warning signals and every headline being scrutinized by traders, the opening might come more as a pause than a push. Currently, it’s nerves against numbers, waiting for that one signal to stir things up.
What Is Shaping The Stock Market Today?
Global Market Cues
Asian Markets
Asian equities traded lower as renewed trade tension concerns weighed on risk appetite across the region.
Nikkei 225 (Japan): 0.7% lower
Topix (Japan): 0.52% lower
Kospi (South Korea): 0.41% lower
Hang Seng futures (Hong Kong): Indicated a higher opening
Wall Street
US markets remained shut on Monday in observance of Martin Luther King Jr. Day.
US stock futures pointed to a negative start on Tuesday, reflecting cautious sentiment
Trade and Geopolitical Developments
Investor confidence weakened after US President Donald Trump announced tariffs on eight European countries over Greenland, reviving global trade concerns.
Gift Nifty Today
Early indicators suggest a muted opening for Indian equities.
Gift Nifty traded around 25,608, up nearly 12 points
This indicates a flat and cautious start for domestic markets
Key Global Developments
China Lending Rates
China kept benchmark lending rates unchanged for the eighth straight month, maintaining policy stability.
One-year LPR: 3.0%
Five-year LPR: 3.5%
Europe Equity Outlook
Citi downgraded European equities to ‘neutral’
The move was attributed to rising tariff uncertainty and escalating transatlantic tensions
Japan Bond Market
Japan’s 40-year government bond yield rose to 4%, the highest level since its launch in 2007
This reflects tightening financial conditions and long-term rate pressure
Commodities
Gold and Silver
Precious metals remained firm amid heightened global uncertainty.
Gold traded near all-time highs
Silver hit a record high, briefly touching $94.73 per ounce
Currency Market
US Dollar
The US dollar weakened as investors remained cautious.
Dollar index slipped 0.1% to 99.004, its lowest level in a week
USD/JPY stood at 158.175
USD/CNH was at 6.9536
EUR/USD traded at $1.1640
GBP/USD was at $1.3427
Stock Market Today Prediction
Sensex Today
Sensex is currently at a critical support level of 83,000 to 82,800, which may act as a short-term floor. Otherwise, market sentiment could turn more pessimistic, and the index may decline further if this support is breached.
On the other hand, the market has struggled to cross the 83,700–83,800 range, with a strong resistance also placed at 84,000. If the index fails to get a firm push above these levels, the broader trend is likely to remain range-bound, with only selective buying emerging on declines near support.
Nifty50 Today
Nifty is currently trading at the lower end of its recent range, with 25,500 acting as a significant support level. A decisive move below this area could lead to further downside toward the 25,200 mark, where long-term averages are placed, increasing the risk of additional declines.
On the other hand, if the index holds above the crucial support levels and manages a sustainable bounce, a short-term recovery cannot be ruled out. However, a meaningful upside move is likely to gain momentum only if Nifty breaks above the 25,700 mark, which could pave the way for a gradual recovery toward higher resistance zones.
(With Inputs From Reuters)
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Aishwarya is a journalism graduate with over three years of experience thriving in the buzzing corporate media world. She’s got a knack for decoding business news, tracking the twists and turns of the stock market, covering the masala of the entertainment world, and sometimes her stories come with just the right sprinkle of political commentary. She has worked with several organizations, interned at ZEE and gained professional skills at TV9 and News24, And now is learning and writing at NewsX, she’s no stranger to the newsroom hustle. Her storytelling style is fast-paced, creative, and perfectly tailored to connect with both the platform and its audience. Moto: Approaching every story from the reader’s point of view, backing up her insights with solid facts.
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