Morning Cuppa 6th Feb: Nifty, Sensex End Lower, Global Cues and Commodity Update

• Nifty: 25,642 (-0.52%)
• Sensex: 83,313 (-0.60%)
• FII: -2150 Cr
• DII: +1129 Cr
• GIFT nifty 25,680

Bond Market

• 10Y G-sec fell by 5bps and closed at 6.64%

Global & Trade Updates

• Trade deal: 18% US tariff to kick in after joint statement in 4-5 days
• Russian oil tankers position close to India amid lack of clarity on US FTA

Corporate Updates

• Hero MotoCorp Q3 profit misses poll, revenue and EBITDA beat estimates; ₹110 dividend declared
• RBI clears Asia II Topco XIII to acquire up to 10% stake in Federal Bank
• ABFRL’s sales grow, but losses deepen in Q3 even as stock ends higher
• Mazagon Dock Q3 profit rises 9% YoY; margins soften despite strong revenue growth

Currency Market

• USD/INR at 90.35
• DXY at 97.95
• EUR/USD at 1.1777
• GBP/USD at 1.3529
• USD/JPY at 157.04

Global Markets

• Dow -1.20%
• S&P 500 -1.23%
• Nasdaq -1.59%

• FTSE -0.90%
• DAX -0.46%
• CAC -0.29%

• Nikkei -1.71%
• Hang Seng +0.14%
• Shanghai -0.64%

Commodities

• Brent $67.55/bbl (-2.75%)
• Gold $4,770/oz (-3.88%)
• Oil extends decline ahead of US-Iran talks
• Gold, silver extend losses on global tech rout, firmer dollar

Source: HDFC Securities Morning Cuppa