10 key things that changed for market overnight- Gift Nifty, US-China trade tensions to gold prices

By Admin

24 Oct, 2025

The global and domestic markets witnessed notable movements overnight, reflecting positive sentiment, geopolitical developments, and economic data. Here’s a roundup of the 10 key factors that shaped market trends.

1. Gift Nifty Signals a Positive Start
Gift Nifty was trading around the 26,033 level, a premium of nearly 56 points from the Nifty futures’ previous close. This indicates a positive start for Indian benchmark indices, Sensex and Nifty 50, as investors expect the bullish momentum to continue.

2. Sensex and Nifty 50 Extend Bull Run
On Thursday, the Indian stock market closed higher for the sixth consecutive day. Sensex gained 130.06 points, or 0.15%, ending at 84,556.40, while Nifty 50 rose 22.80 points, or 0.09%, to close at 25,891.40. Analysts attribute the gains to positive global cues, foreign inflows, and better-than-expected corporate earnings.

3. Asian Markets Rally
Asian indices followed Wall Street’s lead, buoyed by optimism over the upcoming US-China talks. Japan’s Nikkei 225 surged 1.18%, Topix gained 0.39%, South Korea’s Kospi rose 1.58%, and Kosdaq increased 0.92%. Hong Kong’s Hang Seng Index futures also indicated a stronger opening.

4. Wall Street Climbs on Tech Stocks
US markets closed higher, led by technology stocks. Dow Jones Industrial Average gained 144.20 points (0.31%) to 46,734.61, S&P 500 rose 39.03 points (0.58%) to 6,738.43, and Nasdaq Composite climbed 201.40 points (0.89%) to 22,941.80. Tesla, Nvidia, AMD, and Intel saw notable gains, while Molina Healthcare and Southwest Airlines experienced sharp declines.

5. Trump-Xi Jinping Meeting Boosts Sentiment
The White House confirmed that US President Donald Trump will meet China’s President Xi Jinping next week. The announcement eased fears over escalating US-China trade tensions, supporting global market optimism.

6. Geopolitical Concerns: Putin Responds to US Sanctions
Russian President Vladimir Putin stated that Russia would not succumb to pressure from the US or any other country. He warned that any strikes deep into Russia would be met with serious consequences, highlighting ongoing geopolitical risks that could affect global markets.

7. Defence Acquisition Boost
India’s Defence Acquisition Council approved proposals worth ₹79,000 crore for the Armed Forces. The purchases include the Nag Missile System (Tracked) Mk-II, Ground-Based Mobile ELINT System, and High Mobility Vehicles with Material Handling Cranes, potentially boosting defense sector sentiment.

8. US Jobless Claims Slightly Higher
New applications for US unemployment benefits rose to 232,000 for the week ended October 18, slightly above market estimates. Rising jobless claims can influence investor sentiment and US Federal Reserve policy expectations.

9. Japan’s Inflation and Manufacturing Data
Japan’s core consumer prices rose 2.9% YoY in September, above the 2% target, while the manufacturing sector contracted at the fastest pace in 19 months. The S&P Global flash Japan Manufacturing PMI fell to 48.3, signaling potential economic slowdown concerns.

10. Gold and Crude Oil Price Movements
Gold prices rose on geopolitical worries and US-China trade tensions, with spot gold at $4,138.52 per ounce and December futures at $4,152.30 per ounce. Crude oil prices fell slightly Brent crude at $65.79 and US WTI at $61.63 but remained on track for weekly gains.

Conclusion
The market outlook remains cautiously optimistic, driven by positive global cues, corporate earnings, and geopolitical developments. Investors should, however, remain vigilant about profit-booking, economic indicators, and international trade tensions.

Disclaimer: The views and recommendations above reflect individual analysts and broking companies. Investors should consult certified experts before making investment decisions.