Global Cues Signal Positive Start for Indian Markets Today

Business
M
Moneycontrol•23-01-2026, 08:27
Global Cues Signal Positive Start for Indian Markets Today
- •Indian benchmark indices Sensex and Nifty are expected to open positively on January 23, supported by GIFT Nifty's higher trading.
- •Indian equities rebounded on January 22, driven by positive global cues after US President Donald Trump withdrew tariff threats against European partners.
- •Asian and US equities saw gains due to upbeat US economic data and easing geopolitical tensions, with Wall Street extending its rally.
- •The Dollar Index declined, while Asian currencies mostly gained; crude oil and gold prices rose due to geopolitical concerns.
- •FIIs sold equities worth Rs 2549 crore on January 22, while DIIs bought shares worth Rs 4222 crore.
Why It Matters: Positive global cues, including strong US and Asian markets, suggest a favorable opening for Indian indices today.
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