GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a negative start on Friday despite Asian markets opening on a lower note in early trade hours.
Previously, on Thursday, the NSE Nifty 50 closed the session 93 points or 0.38% higher at 24,549, while the BSE Sensex closed 236 points up or 0.29% at 81,290.
Key global cues to know on December 13, 2024
Asian Markets
Asia-Pacific markets were trading on a negative note following the overnight US markets as the wholesale inflation came higher than expected. Japan’s Nikkei 225 was trading 0.94% lower at 39,470. The Korean index Kospi was trading 0.27% lower at 2,476. However, the Asia Dow was trading 0.08% higher at 3,771.28. However, the benchmark Chinese index, Shanghai Composite was flat at 3,461.
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Wall Street
US indices slipped on Thursday’s trade as wholesale inflation came higher than expectation. The technology-heavy Nasdaq Composite dipped 0.66% to close the session at 19,902.84, falling below 20,000 mark again. The S&P 500 slid 0.54% to finish at 6,051.25. However, the 30-stock Dow Jones Industrial Average lost 234.44 points or 0.53% to close at 43,914.12.
US Dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was up 0.09% at 107.08 on Friday morning. The index measures the US dollar’s strength or weakness against major currencies. The basket contains currencies such as the British Pound, Euro, Swedish Krona, Japanese Yen, Swiss Franc, etc. Also, the Indian rupee depreciated 0.02% to close at 84.86 against the US Dollar on Thursday.
Crude Oil
WTI crude prices were trading at $70.02 down by 0.02%, while Brent crude prices were trading at $73.37 down by 0.05%, on Friday morning.
FII, DII Data
Foreign institutional investors (FII) were the net sellers of shares net worth Rs 3,560.01 crore.
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