At 6:50 AM, GIFT Nifty futures traded marginally higher by 6 points at 24,381.5, suggesting a subdued start for the day.
Across the Asia-Pacific region, markets showed upward momentum, following gains from Wall Street. Japan’s Nikkei and Korea’s Kospi were up 0.79 per cent and 0.21 per cent respectively, while Australia’s ASX200 saw a rise of 0.60 per cent.
The S&P 500 and Nasdaq Composite concluded Monday’s trading session at new record highs, with slight increases as investors anticipated upcoming inflation figures and earnings reports scheduled for later this week. The S&P 500 closed up 0.1 per cent, while the Nasdaq gained 0.3 per cent. In contrast, the Dow Jones Industrial Average was the underperformer of the day, ending down 0.1 per cent.
In terms of investor activity on the domestic front, foreign institutional investors (FIIs) bought shares worth Rs 60.98 crore on July 8, while domestic institutional investors (DIIs) bought shares amounting to Rs 2,866.79 crore.
