--- title: "First Tick: Top global cues to watch in today’s trade" type: "News" locale: "en" url: "https://longbridge.com/en/news/284295336.md" description: "Indian equity benchmarks, BSE Sensex and Nifty 50, are expected to start flat to negative on April 28, influenced by GIFT Nifty trading lower at around 24,078.50. The Sensex closed up 639.42 points at 77,303.63, while Nifty rose 194.75 points to 24,092.70, ending a three-day losing streak. Global markets showed mixed results, with Asian equities up, US equities mixed, and Asian currencies mostly down. FIIs continued selling, offloading Rs 1,151 crore, while DIIs bought Rs 4,123 crore in equities. Oil prices rose amid ongoing tensions in the Middle East." datetime: "2026-04-28T01:55:48.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/284295336.md) - [en](https://longbridge.com/en/news/284295336.md) - [zh-HK](https://longbridge.com/zh-HK/news/284295336.md) generator: "portal-rs" --- # First Tick: Top global cues to watch in today’s trade Indian equity benchmarks, BSE Sensex and Nifty 50, are likely to see a flat to negative start on April 28, tracking GIFT Nifty, which is trading in the red at around 24,078.50. Track the latest updates on GIFT Nifty right here on Moneycontrol. Indian equity benchmarks snapped a three-day losing streak to close around 0.5% higher, supported by improving global sentiment after reports that Iran had offered a plan to the United States to reopen the Strait of Hormuz. At close, the Sensex was up 639.42 points or 0.83 percent at 77,303.63, and the Nifty was up 194.75 points or 0.81 percent at 24,092.70. *Here is how financial markets across the globe fared overnight:* **GIFT Nifty (Flat)** GIFT Nifty was trading marginally lower at around 24,078.50, indicating a flat opening for the Indian equity markets. **Asian Equities (Up)** Asian stocks held near their highest level since late February as traders awaited developments in the Middle East, alongside a slew of central bank decisions and earnings from major technology companies. **US Equities (Mixed)** The S&P 500 and the Nasdaq eked out modest gains on Monday in ​muted trading, as investors took a breath at the top of an eventful week, with earnings, economic data, the US Federal Reserve's ‌rate decision and the ebb and flow of Middle East tensions all crowding the docket. The Dow Jones Industrial Average fell 62.67 points, or 0.13%, to 49,168.04, the S&P 500 gained 8.85 points, or 0.12%, to 7,173.93 and the Nasdaq Composite gained 50.50 points, or 0.20%, to 24,887.10. **Dollar Index (Flat)** The US dollar was unchanged in the early trade against the basket of other major currencies. **US Bond Yield (Flat)** US Treasury yields were steady in Asian trading after rising two to three basis points on Monday, staying on pace for their tightest monthly range since late 2020. **Asian Currencies (Down)** Asian currencies traded mostly lower in early Tuesday trade, with the Thai baht leading losses, followed by the Taiwan dollar, Philippine peso, Malaysian ringgit, and Japanese yen. However, Indonesian Rupiah, South Korean Won were up marginally. **Crude (Rises)** Oil prices extended their gains on Tuesday as efforts to end the US-Iran war appear stalled, with the crucial Strait of Hormuz waterway still mainly shut, keeping energy supplies from the key Middle East producing region out of the reach of global buyers. **Gold (Up)** Gold was little changed as traders weighed the latest efforts by the US and Iran to find a negotiated solution to the two-month war that’s choked energy supplies and heightened inflation risks. **Fund Flow Action** Foreign Institutional Investors (FIIs) extended their selling streak for the sixth consecutive session on April 27, offloading equities worth Rs 1,151 crore. In contrast, Domestic Institutional Investors (DIIs) remained net buyers, purchasing equities worth Rs 4,123 crore, thereby providing partial support to the market amid continued foreign outflows. 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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