Market Today: FII Selling, Asian Rally, Gold Surge to Impact Indian Equities

Business
M
Moneycontrol•02-01-2026, 08:47
Market Today: FII Selling, Asian Rally, Gold Surge to Impact Indian Equities
- •Indian markets show mixed signals; FIIs sold ₹3268 crore, DIIs bought ₹1525 crore.
- •GIFT Nifty shows marginal gain; Asian markets rally (Hang Seng +1.32%, Kospi +0.32%).
- •US Dollar Index started 2026 weak (98.19); Asian currencies mostly higher.
- •Crude oil flat after 2020's biggest annual decline; OPEC+ meeting and geopolitical tensions watched.
- •Gold and silver surged in 2026, best annual performance since 1979; Gold near $4350/ounce.
Why It Matters: Indian markets face mixed global cues with FII selling, but Asian strength and commodity surges offer varied signals.
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