Sensex, Nifty Set for Strong Open on Positive Global Cues, Fed Rate Cut

• Indian benchmark indices are expected to see a strong opening today, indicated by GIFT Nifty trading higher at 26,147.
• Sensex and Nifty snapped a three-day losing streak yesterday, closing higher after the US Federal Reserve's 25-basis-point interest rate cut.
• Asian and US equities, including the S&P 500 and Dow, hit fresh records following the Federal Reserve's less hawkish policy update.
• US bond yields were down, the dollar index was flat, crude oil prices rose, and gold edged lower.
• FIIs sold over Rs 2000 crore, while DIIs bought over Rs 3700 crore on December 11.

Why It Matters: Global market trends directly impact Indian stock market performance.