Indian Markets Eye Positive Start Amid Global Gains; FIIs, DIIs Buy

• Indian benchmark indices Sensex and Nifty are likely to open on a positive note today, indicated by a higher trading GIFT Nifty.
• Markets closed negative for the third straight session on December 17 due to mixed global cues, FII outflow, and a falling rupee.
• Asian and US equities gained overnight, driven by cooling US inflation data and expectations of Federal Reserve interest rate cuts.
• US bond yields rose marginally, while the Dollar Index remained flat. Asian currencies, crude oil, and gold traded lower.
• Foreign Institutional Investors (FIIs) bought Rs 600 crore, and Domestic Institutional Investors (DIIs) bought Rs 2700 crore on December 18.

Why It Matters: Indian markets anticipate a positive opening today, backed by global gains and strong domestic institutional buying.