GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a subdued 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 166 points or 0.70% higher at 23,753, while the BSE Sensex rose 498 points or 0.64% to close at 78,540.
Key global cues to know on December 24, 2024
Asian Markets
Asia-Pacific markets were trading on a mixed note on Christmas Eve supported by the gains in US stocks overnight. Japan’s Nikkei 225 was trading 0.28% lower at 39,052. The Korean index Kospi fell 0.19% to trade at 2,437. The Asia Dow was trading 1.52% higher at 3,691.42. However, the benchmark Chinese index, Shanghai Composite was trading flat at 3,351.
Wall Street
US indices closed Monday’s session on a higher note on the eve of Christmas. 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 0.03% at 108.12 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 0.11% to close at 85.12 against the US Dollar on Monday.
Crude Oil
WTI crude prices were trading at $69.51 up by 0.39%, while Brent crude prices were trading at $72.94 up by 0.42%, on Tuesday morning.
FII, DII Data
Foreign institutional investors (FII) were the net sellers of shares net worth Rs 168.71 crore. Meanwhile, the Domestic institutional investors (DII) were the net buyers of shares worth Rs 2,227.68 crore on December 23, 2024, according to the provisional data available on the NSE.