How will markets open? GIFT Nifty up, Dow Futures and 7 other cues at this hour

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Indian stock markets may start the day on a positive note. Early signals from the GIFT Nifty show a rise of 0.40%, hovering around the 25,900 mark. Investors are expected to keep an eye on several key factors today – global oil price movements, buying and selling trends by foreign and domestic investors, sector-wise action, and updates from major business groups, all of which could shape the market’s direction as the session progresses.

Indian stock markets closed higher on July 21, with both key indices extending their gains. The Sensex rose 442.61 points, or 0.54%, to finish at 82,200.34, while the Nifty advanced 122.30 points, or 0.49%, ending the session at 25,090.70.

Key global and domestic cues to know on July 22, 2025

Asian Markets

Asia-Pacific markets opened higher on Tuesday, taking cues from Wall Street’s record-setting rally. Japan’s Nikkei 225 led the gains, rising nearly 1% in early trade. The broader Topix index was also up 0.83%. South Korea’s Kospi edged higher by 0.1%, while the tech-heavy Kosdaq gained 0.7%. In Australia, the S&P/ASX 200 advanced 0.54%.

US Futures

U.S. stock futures edged higher during early Asian trading hours after the S&P 500 and Nasdaq Composite closed at new record highs overnight. The gains extended across key indices, with futures linked to the S&P 500 up 0.06%, Nasdaq 100 futures rising 0.03%, and Dow Jones Industrial Average futures gaining 47 points, or 0.11%.

US markets

Wall Street kicked off the week with a mixed close, as the S&P 500 and Nasdaq Composite both notched new intraday and closing records on Monday. The S&P 500 inched up 0.14% to settle at 6,305.60, while the Nasdaq advanced 0.38% to end at 20,974.17. Meanwhile, the Dow Jones Industrial Average slipped slightly, shedding 19.12 points, or 0.04%, to close at 44,323.07.

US dollar

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was trading 0.07% higher at 97.92 on Tuesday 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 0.16% to close at 86.30 to the dollar on July 21.

Crude oil

Crude oil prices edged lower in early trade on Tuesday. West Texas Intermediate (WTI) slipped 0.51% to $65.62 per barrel, while Brent crude also declined by 0.51%, trading at $68.84.

FII, DII data

Foreign investors continued to offload Indian equities on July 21, with net selling worth Rs 1,681 crore, as per provisional data from the NSE. In contrast, domestic institutional investors (DIIs) remained steady buyers, investing a net Rs 3,578 crore.

Gold rate today

Gold prices were higher in early Tuesday’s trade. As per Goodreturns, today, 10 grams of 24-carat gold rate today is Rs 1,00,016, while 22-carat gold costs Rs 91,810. For those preferring 18-carat gold, the price is Rs 75,120 for the same weight.

Top sectors in Monday’s trade

Some sectoral pockets showed momentum in Monday’s session. Non-ferrous metals led the way with a 1.67% rise in market capitalisation. The rally was supported by key stocks such as National Aluminium Company climbed 3.67%, Hindustan Zinc rose 2.08%, Hindustan Copper added 1.56%, and Hindalco Industries edged up 0.98%.

The service sector followed with a 1.45% uptick. Fertiliser stocks also edged higher, posting a 1.38% increase. Meanwhile, the glass sector gained 1.37%.

Best and worst performing business groups

The Adventz Group saw the sharpest rise in market capitalisation on Monday, with an overall gain of 5.64%. Within the group, Paradeep Phosphates led the rally, surging 8.2%. Close behind, Nagarjuna Group’s market value rose by around 4.1%, while the Modis Group added 2.55%. On the flip side, the Jaypee Group stood out as the biggest laggard of the day, with its market capitalisation slipping by nearly 5.6%