Hedge funds' slightly less pessimistic bets on the yen were also evident in the most recent statistics from the Commodities Futures Trading Commission
On the sectoral front, all major sectors opened the session in green territory.
Petrol and Diesel prices in cities across India on 26-12-2023
Here are some of the stocks that may see significant price movement today.
U.S. West Texas Intermediate crude was up 3 cents to $73.59 per barrel by 01:15 GMT, while Brent crude futures dropped 26 cents, or 0.3%, to $79.13 a barrel.
Headline PCE inflation made a decisive move in November towards its long term inflation target of 2% in the US.
Spot gold was up 0.2% at $2,056.80 an ounce. An ounce of U.S. gold futures remained unchanged at $2,068.60.
After 3 weeks of frenetic rally, the Nifty and Sensex took a break, falling marginally during the current week.
With the Nifty in uncharted territory, the real direction may only be evident from January 2024 onwards.
Members of the RBI MPC believed that, despite the volatility, the RBI had achieved low inflation without hitting growth.
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