Global Cues Point to Positive Start for Indian Markets Today

Business
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Moneycontrol•24-12-2025, 07:33
Global Cues Point to Positive Start for Indian Markets Today
- •GIFT Nifty higher at 26,236.50, signaling a firm opening for Indian markets.
- •Asian and US equities rose, with S&P 500 hitting a record high on strong US economic data.
- •Crude oil rallied to $58.50 due to geopolitical tensions; gold surged past $4,500 on safe-haven demand.
- •US bond yields and Dollar Index declined; most Asian currencies strengthened.
- •FIIs net sold Rs 1,794 crore, while DIIs net bought Rs 3,812 crore on December 23.
Why It Matters: Positive global indicators and strong DII buying suggest a firm opening for Indian markets.
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