Currencies

GIFT Nifty up over 1% over positive India-US talk reports – 6 cues for Sensex this hour – Market News


After the Diwali festivities, Dalal Street reopens for trading today following the one-hour Muhurat session on October 21 and the market holiday on October 22. The GIFT Nifty started the day on a positive note at 26,260, up 1.30% or 332 points, with investors keeping a close watch on global cues such as crude oil, gold prices, and currency movements.

In the Muhurat trading session on October 21, the market ended slightly higher. The Sensex closed at 84,426.34, up 63 points (0.07%), while the Nifty settled at 25,868.60, gaining 25 points (0.10%).

Key global and domestic cues to know on October 23, 2025

Asian Markets

Asian markets opened lower on Thursday. Japan’s Nikkei 225 slipped 1.5% in early trade, while the broader Topix index was down 0.7%. In South Korea, the Kospi dropped 1.5% and the Kosdaq lost 1%. Australia’s S&P/ASX 200 also edged down 0.3%.

India–US Trade deal gains momentum

India and the United States are reportedly close to finalising a long-pending trade agreement that focuses on energy and agriculture. According to a reports, the US may cut tariffs on Indian imports from about 50% to nearly 15–16% after India agreed to reduce its dependence on Russian oil. Earlier, Washington had imposed an additional 25% duty on Indian goods as a penalty for continuing oil trade with Russia during the Ukraine conflict.

US market

On Wall Street, US stocks ended lower. The Dow Jones Industrial Average dropped 334 points, or 0.71%, to close at 46,590.41. The S&P 500 slipped 0.53% to 6,699.40, while the Nasdaq Composite fell 0.93% to 22,740.40.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.12% up on Thursday morning. The index evaluates the strength or weakness of the US dollar in comparison to major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. The rupee appreciated 0.10% to close at 87.93 to the dollar on October 20.

Crude Oil

Crude oil prices traded lower on Thursday, with WTI crude falling 2.29% to $59.84 a barrel and Brent crude slipping 2.25% to $64.01 per barrel.

FII, DII data

On Monday, October 20, foreign investors (FIIs/FPIs) bought a net Rs 790 crore worth of Indian shares. At the same time, domestic institutional investors (DIIs) were also active, picking up shares worth Rs 2,486 crore, according to provisional exchange data.

Gold rate today

Gold prices in India dropped sharply on Wednesday, October 22, as traders booked profits following signs of easing tensions between the US and China. The steep fall marked one of the biggest single-day declines in recent months, offering buyers a good opportunity to accumulate the precious metal during the festive season.

As per Goodreturns, in India, the 24-carat gold rate today is Rs 1,25,800/10 gm, while 22-carat gold costs Rs 1,11,590. For those preferring 18-carat gold, the price is Rs 94,410 for the same weight.

In the latest on the yellow metal, the gold rate in Dubai, 24-carat gold was priced at AED 487 per gram, while 22-carat traded at AED 4511 per gram and 18-carat at AED 370 per gram.

Top sectors in previous trading session

Among sectors, the petrochemicals sector rose 2%, sugar gained 1.83%, rubber was up 1.32%, and the glass sector increased by 1.26% in the last trade.

Best and worst performing business group in last trading session

Among major business groups, the Arvind Mafatlal Group rose 5.58%, Nagarjuna Group gained 4.64%, Pennar Group was up 3.99%, and Ruchi Group increased 3.07%. On the other hand, IIFL Group fell 0.52%, ICICI Group declined 0.56%, and Muthoot Group slipped 1.39% in last trading session.



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