Indian markets are likely to open flat or slightly lower on Tuesday, December 30, as the pre‑market GIFT Nifty hovers around 25,936 points.
Why the market may stall
The Sensex and Nifty ended the previous day lower, extending a three‑day slide. Broad selling was driven by continued foreign fund outflows and fresh geopolitical concerns.
- Sensex closed at 84,695 points, down 0.41%.
- Nifty closed at 25,942 points, down 0.38%.
- GIFT Nifty is flat at about 25,936 points, hinting at a muted start.
Global influences
Asian equities paused their rally after a seven‑day run, while U.S. markets slipped on weaker tech and AI stocks. The S&P 500 fell 0.35%, the Nasdaq 0.50% and the Dow 0.51%.
U.S. Treasury yields were unchanged – the 10‑year at 4.1% and the 2‑year around 3.45% – and the dollar stayed steady ahead of the Fed’s minutes release.
Fund flow snapshot
Foreign Institutional Investors (FIIs) sold about ₹2,759 crore of Indian equities for the fifth straight day, while Domestic Institutional Investors (DIIs) bought roughly ₹2,643 crore.
What retail investors should watch
With the market set for a flat to negative opening, traders may want to stay cautious, watch foreign fund activity, and be ready for any surprise from the Fed’s policy discussion.
Disclaimer
Remember, this is my perspective, not a prediction. Do your own research or talk to a qualified advisor before making any investment decisions.