Stock Market LIVE Updates, Sensex Today: Markets Likely To Open Lower Amid Mixed Global Cues

Stock Market LIVE Updates, Sensex Today: Markets Likely To Open Lower Amid Mixed Global Cues

Nischal Shetty, Founder, WazirX"Inflation pressures eased slightly as Brent retreated toward $104, while a softer dollar and stronger yen improved conditions for dollar-priced assets, including crypto. Treasury yields remained elevated, and markets priced a 65% chance of an October Fed hike, keeping liquidity expectations cautious. With PMI, employment and export data unchanged over the weekend, traders looked ahead to Core PCE and labor releases. Overall, improving commodity and currency signals support crypto risk appetite, although rate expectations continue to limit a liquidity expansion.Bitcoin trades near $83,775 in a constructive but consolidating daily structure, with RSI at 62. Immediate support lies around $83,300 - $83,500, while $84,000 - $84,100 forms resistance. Holding support could preserve buyer control; clearing resistance may restore momentum, while a breakdown would shift attention to the secondary $81,100 - $81,600 support zone in the near term.Ethereum trades near $2,658 in a constructive but range-bound daily setup. Immediate support sits around $2,600 - $2,620, while $2,675 - $2,690 forms resistance before the psychological $2,700 level. Holding support may sustain recovery interest, but Futures traders should assess volume, open interest, and funding before treating a resistance test as confirmation of strength.Quant trades near $258 after a pullback, while moving averages remain bullish. RSI near 87 signals stretched momentum. Support lies at $250 - $253, with $213 - $214 secondary. Holding $250 could stabilize the structure; losing it may deepen consolidation, while $275 - $285 remains resistance.US markets ended higher, with the Dow gaining 0.93%, the S&P 500 rising 0.51% and the Nasdaq adding 0.48%. The VIX fell 5.11%, showing calmer market sentiment. Asian equities were mixed, as gains in the Hang Seng, Sensex and Singapore offset declines in the KOSPI and Shanghai. Gold dropped 1.76%, while oil rose 1.19%. Stronger US equities and lower volatility favor crypto participation, although uneven Asian trading and firmer oil may keep capital rotation selective across global markets.During the latest completed US trading session on September 25, spot Bitcoin ETFs recorded $134.5 million in net inflows, while Ethereum ETFs added $86.95 million. Weekly inflows reached about $2.39 billion for Bitcoin and $690 million for Ethereum. Despite this institutional buying, Bitcoin eased to $83,731 and Ether to $2,658. ETF demand supports underlying liquidity, but profit-taking, weekend trading conditions, exchange selling, macro uncertainty, and derivatives positioning can absorb fresh capital and delay an immediate price response across markets."

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