Global Cues: GIFT Nifty Signals Positive Start, US Tariffs on Greenland Impact Markets

Business
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Moneycontrol•20-01-2026, 07:32
Global Cues: GIFT Nifty Signals Positive Start, US Tariffs on Greenland Impact Markets
- •Indian markets Sensex and Nifty are expected to open positively, indicated by GIFT Nifty trading higher at 25,605.50.
- •Last week, Indian equities saw profit booking due to weak global cues and trade war concerns, with Nifty falling below 25,500.
- •Asian markets were subdued as Japan's bond yields rose and US tariff threats related to Greenland impacted sentiment.
- •US bond yields increased, and the dollar slipped after White House threats to the EU over Greenland triggered a selloff.
- •FIIs continued their selling streak for the 10th day, offloading Rs 3,262 crore, while DIIs bought Rs 4,234 crore.
Why It Matters: GIFT Nifty suggests a positive opening for Indian markets, but global trade tensions remain a key concern.
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