Global action at this hour – Here are top 5 global cues to watch ahead of market opening

GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued start on Thursday following Asian markets opening on a higher note in early trade hours. 

Previously, on Tuesday, the NSE Nifty 50 closed the session 26 points or 0.11% lower at 23,728, while the BSE Sensex rose 67 points or 0.09% to close at 78,472.

Key global cues to know on December 26, 2024

Asian Markets

Asia-Pacific markets were trading on a higher note on Thursday. Japan’s Nikkei 225 was trading 0.24% higher at 39,052. The Korean index Kospi trades flat at 2,440. The Asia Dow was trading 1.11% higher at 3,715.55. However, the benchmark Chinese index, Shanghai Composite was trading 0.01% lower at 3,393. 

Wall Street

US indices remained closed for trading on Wednesday due to Christmas. On Tuesday, the S&P 500 closed the session 0.73% higher at 5,974. The technology-heavy Nasdaq Composite added 0.98% to close the session at 19,764.89. The 30-stock Dow Jones Industrial Average added 67 points or 0.16% to close at 42,906.95.

US Dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was up 0.06% at 108.16 on Thursday 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 85.20 against the US Dollar on Wednesday.

Crude Oil

WTI crude prices were trading at $70.35 up by 0.26%, while Brent crude prices were trading at $73.79 up by 0.23%, on Thursday morning. 

FII, DII Data

Foreign institutional investors (FII) were the net sellers of shares net worth Rs 2,454.21 crore. Meanwhile, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 2,819.25 crore on December 24, 2024, according to the provisional data available on the NSE.

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