Shaktikanta Das bids adieu to RBI, Sanjay Malhotra takes over as the new governor. Markets will take opening cues from the fall in US markets overnight. Meanwhile, GIFT Nifty indicated that Indian equity indices BSE Sensex and NSE Nifty 50 might see a muted start on Tuesday despite Asian markets opening on a higher note in early trade hours. 

Previously, on Monday, the NSE Nifty 50 closed the session 58 points or 0.24% lower at 24,619, while the BSE Sensex fell 200 points or 0.25% to close at 81,508.

Key global cues to know on December 10, 2024

Asian Markets

Asia-Pacific markets opened majorly on a higher note on Tuesday despite loss in US markets overnight and investors took note of more proactive fiscal measures aimed at boosting domestic consumption. Japan’s Nikkei 225 was trading 0.09% higher at 39,195. The Korean index Kospi was trading 2.17% higher at 2,411. However, the Asia Dow was trading 1.07% higher at 3,792.67. The benchmark Chinese index, Shanghai Composite traded flat at 3,402. The Hang Seng jumped 3.2% to trade at 21,070.

Wall Street

US indices closed in red on Monday pulled by tech stocks and investors await key inflation data. The S&P 500 slipped 0.61% to finish at 6,052.85. The technology-heavy Nasdaq Composite fell 0.62% to close the session at 19,736.69. The 30-stock Dow Jones Industrial Average dipped 240.59 points or 0.54% to close at 44,401.93. 

US Dollar 

The US Dollar Index (DXY), which measures the dollar’s value against a basket of six foreign currencies, was up 0.07% at 106.23 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 0.04% to close at 84.73 against the US Dollar on Monday.

Crude Oil

WTI crude prices were trading at $68.27 down by 0.15%, while Brent crude prices were trading at $72.05 down by 0.12%, on Tuesday morning. 

FII, DII Data

Foreign institutional investors (FII) were the net buyers of shares net worth Rs 724.27 crore. Meanwhile, the Domestic institutional investors (DII) were the net sellers of shares worth Rs 1,648.07 crore on December 09, 2024, according to the provisional data available on the NSE.