The Indian equity indices are likely to see a firm opening today, December 31, with cues coming from GIFT Nifty, which was trading marginally higher at around 26,129.50.
Track the latest updates on GIFT Nifty right here on Moneycontrol.
In yet another volatile session on December 30 (Nifty F&O expiry day), the equity indices ended marginally lower as investors remained cautious ahead of release of Fed's December minutes report, FII selling with thin year-end volumes.
At close, the Sensex was down 20.46 points or 0.02 percent at 84,675.08, and the Nifty was down 3.25 points or 0.01 percent at 25,938.85. BSE Midcap and smallcap indices ended marginally lower.
Here is how financial markets across the globe fared overnight:GIFT Nifty (Up)
The GIFT Nifty is trading with marginal gains at around 26,129.50, indicating a firm start for the day.
Asian Equities (Up)
Asian equities are set for a third annual gain, and the best since 2017. A number of markets are shut for the year, including Japan and South Korea.
US Equities (Slip)
US stocks slumped on Tuesday, while gold bounced back on the penultimate trading day of 2025.
All three indexes dipped into negative territory in a light-volume pre-holiday session in a subdued ending to a volatile year.
The Dow Jones Industrial Average fell 94.87 points, or 0.20%, to 48,367.06. The S&P 500 fell 9.51 points, or 0.14%, to 6,896.23 and the Nasdaq Composite fell 55.27 points, or 0.23%, to 23,419.08.
US Bond Yield (Up)
The yield on 10-year Treasuries and 2-year Treasuries were up marginally at around 4.12 percent and 3.44 percent, respectively.
Dollar Index (Flat)
The dollar edged higher as Group-of-10 currencies traded in tight ranges amid thin, year-end volumes.
Asian Currencies (Up)
Asian currencies were trading mostly higher today with China Renminbi leading the gainers, followed by Indonesian Rupiah, Singapore Dollar, Japanese Yen, Taiwan Dollar.
Crude (Down)
Oil headed for its deepest annual loss since the pandemic in 2020, with prices undermined by concerns about a punishing surplus that’s set to dominate market sentiment and trading into the new year.
Gold (Up)
Gold steadied after an end-of-year dip, but is still on track for its best annual performance since 1979, along with silver.
Fund Flow Action
Foreign Institutional Investors (FIIs) extended their selling on December 30 as they sold equities worth Rs 3844 crore, while Domestic Institutional Investors (DIIs) bought equities of Rs 6159 crore, on same day.
Hope you're all set for today's trade. We wish you a profitable day ahead.
Disclaimer: The views and investment tips expressed by investment experts on Moneycontrol.com are their own and not those of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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