Market Outlook: Indian Stocks May Open Flat to Negative Amid Global Uncertainty

Indian Stock Market Update

Indian benchmark indices, Sensex and Nifty, are likely to see a flat to negative opening on December 9, with cues coming from GIFT Nifty, which was trading lower at around 25,907.50.

Previous Day's Performance

The Indian equity indices ended lower for the second consecutive session amid volatility on December 9, led by uncertainty over the US trade deal and cautious mood ahead of the Federal Reserve's rate decision.

At close, the Sensex was down 436.41 points or 0.51 percent at 84,666.28, and the Nifty was down 120.9 points or 0.47 percent at 25,839.65.

Broader Indices Performance

Broader indices outperformed the main indices, with the BSE midcap index adding 0.6 percent and the smallcap index rising 1.3 percent.

Global Market Trends

Asian stocks crept higher following a sluggish session on Wall Street as investors awaited clues on the Federal Reserve’s policy path in its final interest-rate decision of the year.

The S&P 500 ended Tuesday's session slightly lower as investors anticipated that the Federal Reserve would take a hawkish tone even if it cuts interest rates this week, while JPMorgan was the heaviest drag on the benchmark index after the biggest U.S. bank warned of hefty expenses for 2026.

Key Market Data

• The Dow Jones Industrial Average fell 179.03 points, or 0.38%, to 47,560.29
• The S&P 500 lost 6.00 points, or 0.09%, to 6,840.51
• The Nasdaq Composite gained 30.58 points, or 0.13%, to 23,576.49
• The 10-year Treasuries yield was little changed at 4.18%
• The 2-year Treasury yield was down marginally at 3.60%

Commodity Updates

Oil prices were trading with marginal gains after settling lower on Tuesday, with investors keeping a close eye on peace talks to end Russia's war in Ukraine, concerns about ample supply, and a looming decision on U.S. interest rates.

Silver extended gains after breaking above USD 60 an ounce for the first time on Tuesday, with traders betting on further monetary easing by the Federal Reserve and continued supply tightness.

Investor Activity

The Foreign Institutional Investors (FIIs) continued their selling in this month as they sold equities worth Rs 3760 crore on December 9, while Domestic Institutional Investors (DIIs) bought equities of more than Rs 6200 crore on the same day.

Hope you're all set for today's trade. We wish you a profitable day ahead.