Morning Cuppa 20th Feb: Indian Markets, Global Markets and Commodity Update

Market Snapshot

Nifty- 25,454 (-1.41%)
Sensex- 82,498 (-1.48%)
FII: -880 Cr
DII: -596 Cr
GIFT nifty 25,414

Bond Market

• 10Y G-sec closed at 6.68% on Wednesday and Thursday was a holiday.
• Piyush Goyal says India has moved beyond apologetic trade talks, using FTAs as strategic tools to secure long-term economic gains while protecting sensitive sectors
• Europe backs India’s AI push and supports early ratification of trade deal

Corporate Updates

• Swiggy pulls plug on Snacc as 15-minute food bet fails to scale
• ABB India Q4 results: Orders at 5-year high, revenue tops estimates; dividend proposed
• RailTel bags ₹35.6 crore railway signalling order from North Central Railwa
• Delhivery partners with NVIDIA to build AI-powered maps for India

Currency Market

USD/INR at 90.68
DXY at 97.82
EUR/USD at 1.1774
GBP/USD at 1.3466
USD/JPY at 155.00

Global Markets

US: Dow -0.54%, S&P 500 -0.28%, Nasdaq -0.31%
Europe: FTSE -0.55%, DAX -0.93%, CAC -0.36%
Asia: Nikkei -0.07%, Hang Seng +0.00%, Shanghai +0.00%

Commodities

Brent $71.66/bbl (+1.86%), Gold $4,999/oz (+0.40%)
Oil prices rise as Trump puts time limit on Iran stand-off
Gold surges on geopolitical jitters despite Fed rate‑path split