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6 Key Market Shifts to Watch Today: Global Cues, Oil Prices, and FII Selling Set the Stage

The Indian stock market could see a weak start on Tuesday, impacted by global uncertainties ahead of the upcoming U.S. Presidential Election and a potential Fed interest rate cut. Here’s a simple breakdown of what’s shaping the market:

1. Asian Markets Mixed

  • Asian stocks showed a mixed trend following Wall Street’s cautious trading. Japan’s Nikkei and Topix saw gains, while South Korea’s Kospi declined.

2. Gift Nifty Signals Weak Start

  • Gift Nifty was trading at around 24,065, showing a 50-point dip from Monday’s close, hinting at a likely lower opening for Sensex and Nifty.

3. Wall Street Closed Lower

  • U.S. markets ended down on Monday with Dow Jones, S&P 500, and Nasdaq all declining. Some big movers included Nvidia (+0.48%) and Intel (-2.93%).

4. Oil Prices Jump

  • Oil prices stabilized after a sharp 3% jump. Brent crude climbed to $75.08 per barrel amid OPEC’s decision to delay production increases and rising Middle Eastern tensions.

5. Gold Prices Stay Steady

  • Gold prices held steady as investors awaited the U.S. election and Fed rate decision.

6. FII Selling Continues

  • Foreign Institutional Investors (FIIs) sold ₹4,329.79 crore in Indian equities, while Domestic Institutional Investors (DIIs) bought ₹2,936.08 crore, adding to market uncertainty.

With cautious global trends and ongoing FII selling, investors should prepare for a volatile market session.

Disclaimer: The views and investment tips expressed by investment experts on Sharepriceindia.com are their own and not those of the website or its management. Sharepriceindia.com advises users to check with certified experts before taking any investment decisions.​​

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