Key Global Market Indicators to Monitor for Today's Trading Session

Market Update - March 24

Key Figures:

• BSE Sensex: Down 1,836.57 points or 2.46 percent at 72,696.39
• Nifty 50: Down 601.85 points or 2.60 percent at 22,512.65
• GIFT Nifty: Trading higher at 22,882

Market Performance:

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The Indian equity benchmarks, BSE Sensex and Nifty 50, are expected to open strong on March 24, following gains in GIFT Nifty. This comes after a strong rebound on Friday, which was followed by renewed pressure on March 23, with Nifty falling below 22,500 for the first time since April 9, 2025.

Global Markets:

• Asian Equities: Rallied on Tuesday, with oil prices nursing losses and the dollar wobbling.
• US Equities: Finished Monday's session up more than 1% as oil prices fell, with the Dow Jones Industrial Average rising 631.00 points, or 1.38%, to 46,208.47.
• US Bond Yield: Steadied on Tuesday, with the two-year yield little changed at 3.89% and the benchmark 10-year yield at 4.3400%.

Currency and Commodities:

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• Dollar Index: Down after falling on Monday, as a pick up in risk sentiment reduced demand for the safe haven currency.
• Oil Prices: Rose in early trade on Tuesday on supply fears, while Gold price lost more than a percent, trading at around USD 4368 per ounce.
• Asian Currencies: Trading mostly lower, with the Japanese Yen leading the losers.

Fund Flow:

On March 23, Foreign Institutional Investors (FIIs) sold equities worth ₹10,414 crore, while Domestic Institutional Investors (DIIs) provided support by purchasing equities worth over ₹12,000 crore.