Markets Display Mixed Signals Ahead of Opening Bell

Global markets are displaying mixed signals as traders prepare for another session. The GIFT Nifty, an Indian index, is trading 32 points lower at 24,431, indicating a cautious start despite positive US markets. In the US, the NASDAQ led gains with technology stocks showing strength.

The Nikkei in Japan is up 0.93%, but the Hang Seng in Hong Kong is down 0.94%. Commodities are experiencing pressure, with gold falling 1.17% and crude oil dropping 0.50%. The rupee has weakened to 95.43 against the dollar.

Institutional activity remains active across major indices. Domestic institutional investors continue their buying momentum, while foreign investors remain net sellers for the second consecutive session. Significant block deals were recorded in UltraTech Cement and Thyrocare Technologies.