Indian Stock Market: 8 Key Things That Changed Overnight on July-23, 2025

Indian stock market: Gift Nifty was trading around 25,162 level, a premium of nearly 68 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

New Delhi July 23, 2025: Indian stock market: The domestic equity market indices, Sensex and Nifty 50, are expected to open higher on Wednesday, following upbeat global market cues.

Asian markets traded higher after the US-Japan trade deal, while the US stock market ended mixed overnight, with the S&P 500 posting record-high close.

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On Tuesday, the Indian stock markets had a volatile session and finally closed in the red. The Sensex fell 13.53 points or 0.02% to close at 82,185.81 and the Nifty 50 settled 29.80 points of 0.12% lower at 25,060.90

The markets continue to lack a clear direction due to a mixed set of Q-1 results and lack of Global cues.

Here are key global market cues for Sensex today:

1. Asian Markets

Asian Markets traded higher after US President Donald Trump announced a “massive” trade deal with Japan.

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Japan’s Nikkei 225 jumped 2%, while the Topix rallied 1.87%. Toyota, Nissan, Honda and other Japanese auto stocks surge.

South Korea’s Kospi gained 0.89% and the small-cap Kosdaq was 0.22% higher. Hong Kong’s Hang Seng index futures indicated a stronger opening.

2. Gift Nifty Today

Gift Nifty was trading around 25,162 level, a premium of nearly 68 points from the Nifty futures’ previous close, indicating a positive start for the Indian stock market indices.

3. Wall Street

The US stock market ended mixed on Tuesday, with the S&P 500 eking out a record-high close.

Industrial Average rose 0.40% to 44,502.44, while the S&P 500 added 0.06% to end at 6,309.62. The Nasdaq closed 0.39% lower at 20,892.69.

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Tesla share price gained 1.1%, Nvidia share price declined 2.54%, Meta Platforms and Microsoft shares lost about 1% and Alphabet stock price rose 0.65%. RTX stock price declined 1.6%, GM Motors shares tumbled 8.1%, while Ford Motor stock price fell about 1%. Lockheed Martin shares tumbled almost 11%

4. US-Japan Trade Deal

President Donald Trump said the US and Japan had struck a trade deal that includes a lower 15% tariff that will be levied on US imports from the country, including autos, Reuters reported. In a post on Truth Social, Trump said the deal would include $550 billion of Japanese investments in the United States. Reports said that US auto tariffs were lowered to 15% from the current 25%.

5. India – UK Trade Deal

The Union Cabinet approved the free trade agreement with the United Kingdom, news agency PTI reported. The pact, described by Prime Minister Narendra Modi as a ‘landmark deal, will be signed during his visit to London this week.

6. Gold Prices

Spot gold price was steady at $3,430.19 per ounce, after hitting its highest since June 16 earlier in the session.

7. Oil Prices

Crude oil prices steadied after the US-Japan trade deal and a poll that showed US crude stockpiles fell last week. Brent crude futures rose 0.48% to $68.92 a barrel, while US West Texas Intermediate crude futures rose 0.51% to $65.64 per barrel.

8. Dollar

The dollar was on a shaky footing against the yen. The dollar was largely flat at 146.61 yen, having slid 0.5% in the previous session. The euro stood at $1.1739, down 0.1%. Sterling was little changed at $1.35235, off 0.1%. The dollar index, which tracks the greenback against major peers, was little changed at 97.430 after a three-day decline.