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Stock market today: Key things to know before the opening bell on January 22
2 min read | Updated on January 22, 2025, 07:43 IST
SUMMARY
The FII’s record short position in the derivatives market indicates a severely bearish outlook for the markets in the near term. In addition, their equity market selling has crossed ₹50,000 crore mark for January alone, adding more pain to investor sentiments.
FIIs net selling in Indian markets crossed ₹50,000 crore for January till date.
US markets
The US markets closed higher on Tuesday as markets welcomed Trump’s inaugural address, which considered taking pro-economic steps to boost the economy. The markets also rejoiced at the delay in imposing tariffs on the world and China. The Dow Jones closed 1.4% higher, followed by the S&P500 at 0.88% and the NASDAQ at 0.64%.
Asian markets
Asian markets traded mixed on Wednesday morning, with Japanese and Korean indices in green and Chinese indices in the red. The Hong Kong’s HangSeng index traded nearly 2% lower on Wednesday morning led by pessimism and worry about impending tariffs.
Crude oil prices
Crude oil prices traded under pressure on Wednesday. Trump announced a national emergency to increase the country's energy levels and approved more oil and natural gas drilling. The WTI crude oil fell below $76 per barrel, and Brent crude oil traded below $80 per barrel.
FII and DII data
The foreign institutional investors added excessive shorts in the Indian derivatives markets as they hold nearly 3.5 lakh contracts in short positions. In the equity markets, they sold another ₹6,000 crore worth of Indian equities on Wednesday, taking the gross selling for the month to over ₹53,000 crore for the month of January.
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