Global Cues Signal Mixed Start for Indian Markets Today

• Indian benchmark indices, Sensex and Nifty, anticipate a flat to positive opening on January 21, guided by GIFT Nifty's higher trading.
• Dalal Street experienced a significant sell-off on January 20, with Sensex down 1.28% and Nifty down 1.38%, due to global trade tensions, mixed earnings, and FII outflows.
• Asian and US equities retreated, with Wall Street seeing its biggest one-day drop in three months amid US-Europe trade conflict over Greenland.
• US bond yields rose, and the dollar fell due to escalating trade tensions, while Asian currencies mostly gained.
• Gold and silver hit record highs driven by safe-haven demand amidst the Greenland crisis and Japanese debt concerns; crude oil prices slipped.

Why It Matters: Indian markets face a mixed start today, influenced by global trade tensions and FII outflows despite positive GIFT Nifty.