Global Cues: Indian Markets Face Muted Start Amid US Tariff Uncertainty, Asian Equities Up

• Indian benchmark indices Sensex and Nifty are expected to open flat on January 12, influenced by GIFT Nifty.
• Indian equity benchmarks extended their losing streak for a fifth session due to uncertainty over US Supreme Court's verdict on Trump tariffs.
• US equities, including the S&P 500, Nasdaq, and Dow Jones, rallied to record highs on Friday, driven by chipmakers and jobs data.
• Asian equities opened higher, while the dollar slipped, and Asian currencies gained, with the Indonesian Rupiah being an exception.
• Crude oil prices gained due to Iran protests, and gold rose to a record high on US jobs data and geopolitical tensions.

Why It Matters: Indian markets face a muted start influenced by global cues, with US and Asian equities showing gains.