Global cues point to firm start for Indian equities

Indian markets are set for a firm open as global cues stay positive, despite mixed institutional flows and cautious signals from GIFT Nifty levels.

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Global cues point to firm start for Indian equities

Global cues point to firm start for Indian equities
Early indicators suggest a positive opening for Indian markets on December 12 as global sentiment remains supportive after the US Federal Reserve’s rate cut. GIFT Nifty was trading near 26,147, signalling mild volatility. On Thursday, Nifty closed around 25,900, snapping a three day losing streak as late-session buying lifted benchmarks near the day’s highs. Institutional flows remained mixed, with foreign investors selling over Rs 2,000 crore, while domestic institutions bought equities worth more than Rs 3,700 crore.
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