Global markets delivered mixed signals in early trade on December 31, setting a cautious tone for Asian investors and Indian equities.
US Markets (Overnight)
Wall Street ended slightly lower, with technology stocks under pressure and investors remaining cautious ahead of year-end positioning.
Dow Jones Futures: 48,389.17, up 0.05%
S&P 500: 6,900.17, down 0.08%
Nasdaq Composite: 23,427.18, down 0.20%
Asian Markets (Morning Trade)
Asian indices opened mixed, tracking muted US cues and regional economic data.
GIFT Nifty: 26,123.50, up 0.08%, indicating a flat-to-positive start for Indian markets
Nikkei 225: 50,339.48, down 0.37%
Hang Seng: 25,854.60, up 0.85%, leading regional gains
Shanghai Composite: 3,965.12, largely unchanged
Market View
With GIFT Nifty holding slightly in the green, Indian benchmarks are expected to open flat to mildly positive, though global uncertainty and low year-end volumes may cap sharp moves.
