Stock Market Updates: GIFT Nifty Hints A Muted Start For Sensex, Nifty; RIL, Axis, Wipro Q1 In Focus
Sensex Today: The benchmark indices, Sensex and Nifty, are expected to open on a cautious yet slightly positive note on
Sensex Today: The benchmark indices, Sensex and Nifty, are expected to open on a cautious yet slightly positive note on Friday, as investors monitor a range of domestic and global factors. The market sentiment will likely be shaped by corporate Q1 earnings, institutional flows, forex reserve updates, developments on the India-US trade front, Japan's inflation data, and key economic releases from the US.
At 8:50 AM, GIFT Nifty futures were trading 16 points higher at 25,190, hinting at a flat-to-positive start for the Indian bourses.
Global cues remain broadly supportive. On Wall Street, all major indices ended higher after upbeat economic data and robust earnings lifted investor confidence. US retail sales rose by 0.6% month-on-month in June 2025, exceeding expectations of just 0.1% and breaking a two-month decline. Weekly jobless claims also dropped by 7,000 to 221,000—marking the lowest level since April—contrary to forecasts of a rise to 235,000.
This optimism was reflected in US equity markets, where the S&P 500 climbed 0.54% to 6,297.36, the Dow Jones rose 0.52% to 44,484.49, and the Nasdaq Composite added 0.7% to 20,885.65.
In Asia, markets offered mixed cues. The ASX 200 in Australia rose 0.69%, touching a new record high. However, Japan's Nikkei slipped 0.20% while the broader Topix index remained flat with a slightly negative bias. South Korea's Kospi also declined by 0.4%.
Japan Inflation in Focus
Japan's inflation data released today showed signs of easing, which could impact the Bank of Japan's monetary stance. Core inflation dropped to 3.3% in June from 3.7% in May, in line with market expectations. Headline inflation also cooled to 3.3%. Interestingly, the BOJ's preferred core-core inflation measure—which excludes volatile food and energy prices—rose slightly to 3.4% from 3.3%, signaling that underlying price pressures still persist.
Overall, with mixed regional cues and a data-heavy day ahead, the markets may see a cautious start, with stock-specific action dominating due to Q1 results announcements.
view comments
First Published:
July 18, 2025, 09:14 IST
Disclaimer: Comments reflect users' views, not News18's. Please keep discussions respectful and constructive. Abusive, defamatory, or illegal comments will be removed. News18 may disable any comment at its discretion. By posting, you agree to our Terms of Use and Privacy Policy.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Time of India
2 hours ago
- Time of India
Trump's right on 'dead economy', remarks Rahul Gandhi, blames PM Modi
NEW DELHI: Congress neta Rahul Gandhi Thursday said US President Donald Trump has stated a fact that India has a "dead economy", asserting that the BJP govt is running the country to the ground because PM Narendra Modi "works for just one person, Adani". Claiming there is "total confusion", Rahul said the Modi govt has destroyed the economic policy, foreign policy and defence policy of India, and Modi "does not know how to run the country". "Modi works for only one person - Adani. They have destroyed all small businesses. You will see, this (Indo-US trade) deal will happen, and Trump will define how this deal is done, and Modi will do as Trump dictates," he said. Speaking to reporters amid the row over Trump's imposition of tariffs, Rahul said there is no question the "Indian economy is a dead economy, the entire world knows it, except the PM and the finance minister". He quipped, "Am glad that President Trump has stated a fact." He said, "The Indian economy is dead, Modi killed it", mentioning among reasons the "Adani-Modi partnership, demonetisation and flawed GST". Suggesting that Trump's tariffs had to be seen in conjunction with other geo-political issues, Rahul said India's "genius foreign policy" can be gauged from the fact that "while the US is abusing India, China is after you", and no country condemned Pakistan for the Pahalgam terror attack when multi-party delegations went across the world. by Taboola by Taboola Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Gunung: New Container Houses – Take A Look At The Prices! Container homes | Search ads Learn More Undo He said the PM did not name Trump and China (in Parliament), and could not acknowledge that no country had condemned Pakistan while "Trump is having lunch with Pakistan's military chief who is behind the Pahalgam attack". "And they say it is a big success. What success?" he jibed. Rahul said the key questions was why Modi was unable to respond to Trump's claim, made over 30-odd times, that he forced the ceasefire, that India lost five planes, and is now saying India will pay 25% tariffs.
Time of India
2 hours ago
- Time of India
U.S. Dollar rate: USD registers first monthly gain of 2025. Check predictions for 2025?
US dollar index was up 0.16 per cent at 99.949 after rising nearly 1 per cent in the previous session. It is on track for the first monthly gain in 2025. Euro was last up 0.19 per cent at $1.1426, having hit a seven-week low on Wednesday. Still, it remained on track to lose nearly 3 per cent this month. Tired of too many ads? Remove Ads Tired of too many ads? Remove Ads FAQs U.S. dollar was headed for its first monthly gain for 2025 against major currencies on Thursday, underpinned by easing trade tensions and U.S. economic resilience. The dollar rose against the yen, trading at its highest level since May 28. It is on track to gain about 5 per cent for July, making it the biggest monthly increase since December 2024. It was last up 0.83 per cent at 150.765. In a widely expected move, the Bank of Japan on Thursday kept short-term interest rates steady at 0.5 per cent by a unanimous vote, but revised up its inflation forecasts for the next few years. That came after the Federal Reserve left U.S. interest rates unchanged on Wednesday, ignoring persistent calls by President Donald Trump to lower borrowing costs. Fed Chair Jerome Powell also indicated he was in no rush to cut rates. The greenback has been bolstered by a hawkish Fed and U.S. economic resilience, with uncertainty over Trump's chaotic tariffs easing after an array of trade deals. The dollar index was up 0.16 per cent at 99.949 after rising nearly 1 per cent in the previous session. It is on track for the first monthly gain in 2025."There's been a clash and a friction between what the Fed is seeing and deciding to do, and what the White House and perhaps a lot of people in the equity market want the Fed to do," said Juan Perez, director of trading of Monex USA in Washington. "If we had left the hawkish tone, the hawkish stance, and the hawkish press conference altogether, it makes sense to see the U.S. dollar rise - which it did. But today, because of the friction between the Fed and the White House, the dollar is once again hitting the brakes," Perez added. Data showed that the number of Americans filing new applications for unemployment benefits increased just marginally last week, suggesting that the U.S. labor market remained euro has been one of the biggest casualties of the dollar's ascent this month, as investors have rushed to unwind bets laid on earlier this year on the premise that the European market may offer better euro was last up 0.19 per cent at $1.1426, having hit a seven-week low on Wednesday. Still, it remained on track to lose nearly 3 per cent this month."I think there was too much optimism in the price of the euro. And I think that's come back this week. There's been a lot of commentary about how the EU conceded to the U.S. on this trade deal and that's been a dose of reality for the Europeans," Rabobank strategist Jane Foley said. The dollar weakened 0.31 per cent against the Swiss franc to 0.812 franc but it is on track to gain 2.36 per cent for the month. The European Union's agreement on Sunday to 15 per cent tariffs on U.S. exports has cleared up a lot of Governor Kazuo Ueda also said the U.S.-Japan trade deal reduced uncertainty on the outlook and heightened the likelihood of Japan durably hitting the BOJ's 2 per cent inflation target - a prerequisite for further rate U.S. trade deals included one with South Korea, which Trump said on Wednesday would pay a 15 per cent tariff on U.S. imports. That was lower than a threatened 25 per cent and the Korean won strengthened on the news and last stood at 1,395.21 per dollar. Trump on Wednesday also slapped a 50 per cent tariff on most Brazilian goods and said the United States is still negotiating with India. But he gave Mexico a 90-day reprieve ahead of his Friday deal deadline."We do however continue to expect that the tariff rates now being announced and codified will ultimately prove to be more dollar negative, even if some of the bilateral announcements (particularly on the EU) likely catalysed the striking dollar rebound so far this week," Goldman Sachs analysts led by Stuart Jenkins wrote in an investor note.A1. The symbol of the US Dollar is $.A2. The euro was last up 0.19 per cent at $1.1426, having hit a seven-week low on Wednesday. Still, it remained on track to lose nearly 3 per cent this month.
Time of India
2 hours ago
- Time of India
'$600B investment': White House Press Secy Karoline Leavitt unveils massive US-EU trade deal details
White House Press Secretary Karoline Leavitt hailed the newly announced US-EU trade deal as a historic milestone, calling it the beginning of a broader economic boom. She emphasised the administration's commitment to expanding US global trade power and strengthening economic ties with key allies. Show more Show less
