Global Cues Signal Flat to Negative Start for Indian Markets Today

• Indian indices Sensex and Nifty are likely to open flat to negative on December 30, influenced by GIFT Nifty.
• Indian markets extended losses for the third consecutive session due to broad-based selling, FII outflows, and geopolitical developments.
• US equities fell, led by tech stocks; Asian equities slipped, pausing a seven-day rally.
• Crude oil retreated slightly, while gold fluctuated after a slump from fresh all-time highs.
• FIIs continued selling equities worth Rs 2759 crore, while DIIs purchased Rs 2643 crore.

Why It Matters: Global market trends and FII outflows point to a cautious opening for Indian indices today.