Sensex, Nifty Set for Weak Start on Negative Global Cues

• Indian benchmark indices (Sensex, Nifty) are expected to start weak on December 15, indicated by a lower GIFT Nifty.
• Nifty 50 and BSE Sensex ended higher for two consecutive sessions but logged a 0.5% weekly fall due to profit booking.
• Metals sector climbed 2.6% on Friday due to demand optimism from China and Fed interest rate cuts.
• Asian and US equities closed lower, with S&P 500 and Nasdaq down over 1% on Friday, driven by tech earnings concerns and AI bubble worries.
• Crude oil prices rose, and gold steadied after gains, while FIIs offloaded equities and DIIs purchased on December 12.

Why It Matters: Global market trends will influence your Indian investments today.