Indian stock indices are set to open higher today as GIFT Nifty futures gained 121 points to stand at 23,501.
Key points to note:
1) Trump's tariff deadline approaches set for April 2, 2025
2) FIIs have gone from outflow to inflow, buying stocks worth Rs 7,470.36 crore on Friday
3) Flash PMIs for major economies to be released today
4) US GDP data for Q4-CY24 due in the coming week
5) Gold prices marginally higher, ending at $3,025.12 an ounce on safe-haven demand
6) Crude oil prices slightly lower with WTI at $68.22 a barrel
7) Rupee gained 38 paise to end at 85.97 dollars against the US dollar on Friday.
Investors remain cautious amid volatility as markets react to the tariffs and the economic data releases.
Source: Business Standard