Morning Cuppa 11th Feb: Indian Markets, Global Cues and Commodity Update

Market Snapshot

• Nifty: 25,935 (+0.26%)
• Sensex: 84,273 (+0.25%)
• FII: +69 Cr
• DII: +1174 Cr
• GIFT nifty: 26,056

Bond Market

• 10Y G-sec fell by 3bps and closed at 6.72%

India & Global Updates

• January retail inflation likely to hit 2.4-3%: Business Standard poll
• India-US trade deal: India gets expanded market access for agri exports

Corporate Updates

• Ather Energy Block Deal: NIIF likely to sell up to 1.92% stake for ₹534 crore
• Britannia shares in focus as Q3 margins improve despite GST disruption in October
• Chambal Fertilisers Q3 Results: Net profit up 10% on 20% revenue growth
• Grasim Industries Q3 net profit surges 27% on strong revenue, EBITDA growth

Currency Market

• USD/INR at 90.58
• DXY at 96.89
• EUR/USD at 1.1895
• GBP/USD at 1.3643
• USD/JPY at 154.39

Global Markets

• Dow +0.10%
• S&P 500 -0.33%
• Nasdaq -0.59%

• FTSE -0.31%
• DAX -0.11%
• CAC +0.06%

• Nikkei +2.28%
• Hang Seng +0.58%
• Shanghai +0.13%

Commodities

• Brent $68.80/bbl (-0.35%)
• Gold $5,023/oz (-0.83%)
• Oil holds steady as US–Iran tensions provide support
• Gold drops as investors brace for US jobs and inflation numbers