Stock market today: Key things to know before the opening bell on March 25

GIFT NIFTY futures traded 65 points higher at 23,760 on Tuesday morning, indicating a positive start for Indian markets for the seventh consecutive session. The US markets closed up to 2% higher on Monday and Asian markets traded largely in green on Tuesday morning. The buoyancy in the global market was largely driven by reports on Trump may adopt a softer approach in tariffs.

US markets

The US markets closed upbeat on Monday fuelled by hopes of a more targeted approach by the Trump administration on April 2. The NASDAQ closed 2.2% higher followed by S&P500 at 1.76% and Dow Jones at 1.42%. Tech stocks like Tesla (11.9%), Nvidia (2.9%), Palantir (6.4%) and Meta (3.8%) were the top index movers on Monday in the US. The reports, that Trump might exclude sector-specific tariffs on April 2, and could adopt a more targetted approach.

Asian markets

Taking cues from buoyant US markets, the Asian markets too traded in green across the board, except for Hong Kong. The Japanese indices rose 331 points or 1.3% which also benefited by weaker yen. The Auto stocks in Korea jumped up to 4% on Tuesday morning after reports of softer tariffs by the Trump administration fuelled the market rally.

Crude oil

The crude oil prices extended their gains from last week on Monday after WTI and Brent crude oil prices jumped more than 1%. The gains came after President Trump announced 25% tariffs on any country importing oil from Venezuela, escalating tensions between Maduro and Trump Regime. The WTI crude oil prices traded near $69 per barrel and Brent crude oil prices traded at $72.3 per barrel

FII and DII data

The Foreign Institutional investors continued their bullish stance on Indian markets for the third consecutive day as they bought Indian equities worth ₹3,055 crore and the DIIs too accompanied by ₹98 crore worth of net buying on Monday. Moreover, the FIIs also reduced their short position to 95 thousand contracts on the short side as compared to 1.71 lakh contracts last Monday.