Live Market Updates Today: 27 June

The SGX Nifty indicates a slightly higher start for the broader index, with a gain of 21 points. US stock futures were also modestly higher, with Dow Jones futures up 41 points (0.1 percent), and S&P 500 futures and Nasdaq-100 futures each gaining around 0.2 percent. However, Wall Street experienced a losing day on Monday, with the Nasdaq Composite dropping nearly 1.2 percent due to profit-taking in technology stocks such as Tesla, Nvidia, Alphabet, and Meta Platforms.

In European markets, the pan-European Stoxx 600 index closed 0.1 percent lower, while the FTSE and DAX both ended 0.11 percent lower. Chemicals and oil/gas stocks made gains, but healthcare stocks saw losses.

Asian markets were mixed following the tech sell-off in the US. Tesla saw a 6 percent decline after a downgrade by Goldman Sachs, and other tech names like Nvidia, Alphabet, and Meta Platforms also experienced declines. The S&P/ASX 200 in Australia opened 0.28 percent higher, but the Nikkei 225 in Japan extended its losses. South Korea's Kospi and Kosdaq were in the red, while Hong Kong's Hang Seng index looked set to end its five-day losing streak.

Oil prices initially rose but later pared gains as financial markets remained calm despite concerns about an attempted insurrection in Russia. West Texas Intermediate futures traded at $69.74 per barrel, up about 0.8 percent, while Brent crude was about 0.8 percent higher at $74.47 per barrel.

The Dollar index traded 0.08 percent higher in futures at 102.78, and the value of one dollar remained near Rs 82.00.

Gold prices firmed above the previous session's three-month low due to concerns over political turmoil in Russia. Spot gold was up 0.2 percent at $1,925.53 per ounce, and gold futures gained 0.4 percent to $1,938.00.

According to provisional data from the National Stock Exchange, foreign institutional investors (FII) sold shares worth Rs 409.43 crore, while domestic institutional investors (DII) purchased shares worth Rs 250.12 crore on June 26.