Stock market today: Key things to know before the opening bell on February 11

Stock market today: Indian markets are set to open positively amid mixed global cues. The GIFT NIFTY futures traded over 41 points higher on Tuesday morning, indicating a positive start. The global markets traded mixed as the US officially increased tariffs on steel and aluminium imports

US Markets

The US markets closed in green on Monday, largely led by a rally in tech stocks. Steel stocks also closed in the green after Donald Trump signed executive orders imposing a 25% tariff on steel and aluminium imports.

The US index futures of Dow Jones and NASDAQ traded 70 and 95 points lower on Monday morning amid rising trade war concerns.

Asian Markets

Asian markets traded mixed on Tuesday morning. Japanese indices traded in green with little gain, while Chinese and Hong Kong markets traded in red. The markets are expected to remain cautious ahead of the US's tariff imposition.

Crude oil

WTI crude oil futures held above $72 per barrel on Tuesday, maintaining nearly a 2% gain from the previous session. This was driven by signs of tighter Russian supply and rising supply risks.

FII DII data

The FII data remained unchanged in the first 10 days of February, as FIIs sold nearly ₹12,000 crore worth of equities for the month. In the derivatives segment, the FIIs added fresh short contracts on Monday, making their total short position with 1.7 lac contracts.