Morning Cuppa 27th Feb: Indian Markets, Global Markets and Commodity Update

Nifty- 25,496 (+0.06%)
Sensex- 82,248 (-0.03%)
FII: -3465 Cr
DII: +5031 Cr
GIFT nifty 25,684

Bond Market

10Y G-sec increased by 2bps and closed at 6.69%

Corporate Updates

• India’s GDP expected to grow between 6.8-7.2% in FY27: EY Economy Watch
• US weekly jobless claims rise slightly to 212,000 as layoffs stay moderate
• Aurobindo Pharma shares gain after Eugia wins USFDA approval for liver transplant drug
• RVNL wins new orders worth ₹1,978 crore from NMDC, days after bagging ₹270 crore railway contract
• Vishal Mega Mart Block Deal | Samayat Services likely to sell 6.5% stake worth ₹3,508 crore
• Jio Financial infuses ₹2,000 crore into Jio Credit; Q3 profit at ₹269 crore

Currency Market

USD/INR at 90.91
DXY at 97.78
EUR/USD at 1.1797
GBP/USD at 1.3482
USD/JPY at 156.13

Global Markets

US: Dow +0.03%, S&P 500 -0.54%, Nasdaq -1.18%
Europe: FTSE +0.37%, DAX +0.45%, CAC +0.72%
Asia: Nikkei -0.19%, Hang Seng -1.44%, Shanghai -0.01%

Commodities

Brent $70.84/bbl (+0.21%), Gold $5,187/oz (+0.31%)
Oil prices steady with more US-Iran nuclear talks planned next week
Gold steady as markets await US-Iran nuclear talks outcome