Markets may open flat

1 Dec 2023 , 08:48 AM

Indian benchmark indices may open today’s session with muted numbers. Yesterday, markets closed on a positive note, with modest gains. Sensex closed 86 points higher at 66,988. Nifty 50 ended with a gain of 36 points at 20,133.

On the global front, US markets closed with mixed numbers. Dow Jones ended 520 points higher. Nasdaq Composite ended 32 points lower. S&P closed with a gain of 17 points.

Asian markets are also trading in mixed sentiments, tracking the global cues. Chinese Shanghai Composite is trading 0.01% higher. Hong Kong’s Hang Sang is trading 0.05% lower. Japan’s Nikkei 225 closed 0.42% higher. Taiwan index ended with a gain of 0.17%. South Korean Kospi index is trading 0.20% lower.

UltraTech Cement, HDFC Life, Apollo Hospital, Bharti Airtel, and Sun Pharma emerged as the top gainers in previous trading session. Adani Enterprises, IndusInd Bank, Adani Ports, LTIMindtree, and Reliance were the top laggards.

The rupee fell 5 paise to 83.37 versus the US dollar on Thursday, snapping a two-day winning run, as the US currency strengthened overseas and crude oil prices rose.

Oil prices dipped in early Asian trade on Friday, extending losses following an agreement by OPEC+ producers to voluntary oil supply curbs for the first quarter of next year that fell short of market expectations.

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