GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a negative start on Tuesday following Asian markets opening on a mixed note in early trade hours.
Previously, on Monday, the NSE Nifty 50 closed the session 100 points or 0.40% lower at 24,668, while the BSE Sensex closed 384 points up or 0.47% at 81,748.
Key global cues to know on December 17, 2024
Asian Markets
Asia-Pacific markets were trading on a mixed note as investors tracked overnight mix trade in the US markets. Japan’s Nikkei 225 was trading 0.38% higher at 39,607. The Korean index Kospi was trading 0.71% lower at 2,471. The Asia Dow was trading 0.44% lower at 3,729. However, the benchmark Chinese index, Shanghai Composite was flat at 3,386.
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Wall Street
US indices rose on Monday’s trade, aided by a rally in tech stocks ahead of the Federal Reserve’s Policy meeting. The technology-heavy Nasdaq Composite gained 1.24% to close the session at 20,174. The S&P 500 closed the session 0.38% higher at 6,074. However, the 30-stock Dow Jones Industrial Average lost 110 points or 0.25% to close at 43,717.
US Dollar
The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was down 0.04% at 106.77 on Tuesday 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 0.08% to close at 84.87 against the US Dollar on Tuesday.
Crude Oil
WTI crude prices were trading at $70.60 down by 0.16%, while Brent crude prices were trading at $73.81 down by 0.14%, on Tuesday morning.
FII, DII Data
Foreign institutional investors (FII) were the net sellers of shares net worth Rs 278.70 crore.
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