The Sensex and Nifty 50 are likely to open flat on Monday, as investors track mixed signals from overnight global markets.

Asian markets traded mostly higher, while US stock futures gained after lawmakers moved closer to reaching a deal to end the historic US government shutdown.

This week, investors will focus on several key market triggers, including the next batch of Q2 earnings, inflation data, IPO activity, gold price trends, foreign capital flows, progress on the India–US trade deal, and other important domestic and global macroeconomic indicators.

However, on Friday, Indian equities closed lower for the third straight session, continuing their recent losing streak.

Domestic Market Recap

Earlier, on Friday, Indian indices closed in the red:

• Sensex slumped by 94.73 points (0.11%) to close at 83,216.28
• Nifty 50 moved down by 17.40 points (0.07%) to settle at 25,492.30

Gift Nifty

Gift Nifty was trading near 25,587, around 2 points lower than the previous Nifty futures close, hinting at a lacklustre start for Indian markets.

Overnight Wall Street Performance

The US stock market closed mixed on Friday, as worries over the economic outlook and stretched valuations in the technology sector pressured major indices. However, US stock futures moved higher on Monday after lawmakers signalled progress toward a deal to end the historic US government shutdown.

• The Dow Jones Industrial Average gained by 74.80 points (0.16%) to close at 46,987.10.
• S&P 500 grew by 8.48 points (0.13%), ending at 6,728.80.
• The Nasdaq Composite was lower by 49.45 points (0.21%), finishing at 23,004.54.

Gold Prices 

Gold prices inched higher as investors balanced signs of a softening US economy with optimism over progress toward ending the US government shutdown. Furthermore, Spot gold rose 0.4% to $4,016.92 per ounce. The metal has now pulled back about 8% from its mid-October record high above $4,380 per ounce.

Crude Oil Prices

Crude oil prices traded higher, supported by concerns over a potential supply glut and the broader impact of US sanctions on Russia, which added volatility to global energy markets.

• Brent crude gained 0.24% to $63.78/barrel
• US West Texas Intermediate (WTI) crude was trading 0.30% higher at $59.93/barrel

Overnight Major Global Events Driving Sentiment

1. FII Buying: Foreign Institutional Investors (FIIs) net bought Rs 4,581.34 crore worth of Indian equities on Friday, while Domestic Institutional Investors (DIIs) net purchased Rs 6,674.77 crore, according to provisional exchange data.
2. US Government Shutdown: The US Senate is preparing to advance legislation aimed at reopening the federal government and ending the 40-day shutdown. Senators are expected to vote Sunday night on a House-passed bill, which will be amended to include a short-term funding measure, extending government funding through January 2026—alongside three full-year appropriations bills.
3. China Inflation: China’s consumer inflation unexpectedly rose in October, with the CPI increasing 0.2% year-on-year, compared to a 0.3% decline in September. Producer inflation also improved, with wholesale prices falling 2.1% YoY, slightly better than the expected 2.2% drop.
4. Bank of Japan Policy Minutes: The Bank of Japan’s October meeting summary showed that policymakers see a growing case for a near-term interest rate hike. Several members emphasised the need to ensure that the momentum in corporate wage increases continues, reinforcing the central bank’s shift toward policy normalisation.

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