Pre-Market Setup & Global cues - 20 March, 2026
Global cues remain mixed with a slight positive bias. US markets opened gap down but saw buying in the last hour, closing marginally lower, indicating some dip buying at lower levels. S&P -0.27%, Nasdaq -0.28%, Dow -0.44% Bond yields eased with US 10Y at 4.25%, but Brent crude remains elevated near $106, keeping inflation concerns in focus. Asian markets are mixed - weakness in China and Hong Kong, while Korea and Thailand are holding gains. Gift Nifty indicates a mildly positive start (+0.4%), suggesting a potential recovery attempt after the recent sharp fall. On the domestic side, USD/INR remains elevated near 92.9, which continues to be a key variable. Key triggers: • India FX reserves data today • US Fed Chair Powell’s speech tomorrow For now, markets appear to be stabilizing, but oil prices and global cues remain critical drivers. #IndianStockMarket #PreMarket #Nifty #GlobalMarkets #MarketOutlook

















