Global Cues Signal Mixed Start for Indian Markets Today

• Indian benchmark indices Sensex and Nifty are expected to open flat to negative on January 29, following a marginally lower GIFT Nifty.
• Global markets showed mixed trends overnight: Asian equities fell, US equities saw slight gains, and US bond yields were mixed.
• The dollar index fell, while Asian currencies traded mixed; crude oil prices rose due to Middle East concerns, and gold hit a record high.
• Foreign Institutional Investors (FIIs) turned buyers on January 28, investing Rs 480 crore after 15 sessions of selling.
• Domestic Institutional Investors (DIIs) continued strong buying, investing Rs 3,360 crore in the market.

Why It Matters: Indian markets face a mixed global backdrop with FIIs returning to buying, suggesting cautious optimism.