--- title: "First Tick: Top global cues to watch in today’s trade" type: "News" locale: "en" url: "https://longbridge.com/en/news/283750983.md" description: "Indian equity benchmarks, BSE Sensex and Nifty 50, are expected to open lower on April 23, following a decline of nearly 1% on April 22 due to selling pressure in IT stocks and geopolitical uncertainties. GIFT Nifty indicates a weak start at around 24,226. Global markets showed mixed results, with US stocks rising on positive earnings and geopolitical developments, while Asian equities saw gains. FIIs continued selling, offloading over Rs 2,000 crore in equities, while DIIs turned net sellers, offloading more than Rs 1,000 crore." datetime: "2026-04-23T02:02:16.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/283750983.md) - [en](https://longbridge.com/en/news/283750983.md) - [zh-HK](https://longbridge.com/zh-HK/news/283750983.md) --- # First Tick: Top global cues to watch in today’s trade Indian equity benchmarks, BSE Sensex and Nifty 50, are likely to see a negative start on April 23, tracking positive cues from GIFT Nifty, which is trading higher at around 24,226. Track the latest updates on GIFT Nifty right here on Moneycontrol. Indian equity benchmarks snapped their three-day winning streak on April 22, declining nearly 1 percent amid selling pressure in IT heavyweights and continued uncertainty surrounding geopolitical developments. At close, the Sensex was down 756.84 points or 0.95 percent at 78,516.49, and the Nifty was down 198.5 points or 0.81 percent at 24,378.10. _Here is how financial markets across the globe fared overnight:_ **GIFT Nifty (Down)** GIFT Nifty was trading lower at around 24,226, indicating a weak opening start for the Indian equity markets. **Asian Equities (Up)** Japan and South Korea stocks hit a record high Thursday, trailing gains in U.S. stocks overnight after President Donald Trump’s extension of the Iran ceasefire helped to buoy investor sentiment, while upbeat earnings reports also lifted sentiment. **US Equities (Gain)** US stocks climbed on Wednesday to send the S&P 500 and Nasdaq to closing records, after ​US President Donald Trump extended the ceasefire with Iran, with a round of solid corporate earnings providing additional support for optimism. The Dow Jones Industrial Average rose 340.65 points, or 0.69%, to 49,490.03, the S&P 500 gained 73.89 points, or 1.05%, to 7,137.90 and the Nasdaq Composite gained 397.60 points, or 1.64%, to 24,657.57. **Dollar Index (Flat)** The dollar gauge traded little changed, erasing an early dip fueled by the extension of a US-Iran ceasefire, while the two nations failed to meet for more peace talks. **US Bond Yield (Up)** The yield on 10-year Treasuries and on 2-year Treasuries were up marginally at 4.31% and 3.80%, respectively. **Asian Currencies (Mixed)** Asian currencies were trading mixed in the early trade on Thursday with Philippines Peso leading the losers followed by Indonesian Rupiah, Malaysian Ringgit, Thai Baht. **Crude (Up)** Oil prices were higher despite the stalled peace talks between Iran and the United States, and as both nations maintained restrictions on the flow of trade through the Strait of Hormuz. **Gold (Down)** Gold was little changed as the US extension of a ceasefire with Iran left global markets grappling with a blockade of the Strait of Hormuz, impacting energy security and keeping inflation risks high. **Fund Flow Action** Foreign Institutional Investors (FIIs) continued their selling streak for the third consecutive session on April 22, offloading equities worth over Rs 2,000 crore. Meanwhile, Domestic Institutional Investors (DIIs), who had been net buyers for the past two days, reversed their stance and turned net sellers, offloading equities worth more than Rs 1,000 crore. Hope you're all set for today's trade. We wish you a profitable day ahead. **Disclaimer** **Disclaimer**: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. 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