The benchmark Indian equity indices Sensex and Nifty 50 were expected to open flat but in the red on Tuesday, December 30, amid thin trade following weak cues from the global peers.
Here are the key things that changed since the stock market closed yesterday and may impact Sensex, Nifty 50 movement today:
Asian Markets
Asian stocks took a breather after a seven-session rally, mirroring technology-led declines on Wall Street, while gold and silver moved in a narrow range following a pullback from fresh all-time highs. MSCI Inc.’s Asia Pacific share gauge slipped 0.1% in early trade, with Japan’s Topix down 0.3%, Australia’s S&P/ASX 200 edging up 0.1%, and Euro Stoxx 50 futures easing 0.1%. For several Asian markets, including Japan, South Korea and Thailand, Tuesday marks the final trading session of the year. Globally, the MSCI All Country World Index has climbed 21% in 2025, while a broader measure of Asian equities has surged nearly 26 percent over the same period.
Wall Street
Wall Street stocks edged lower in muted trading on Monday as markets entered another holiday-shortened week. The dip did little to dent the strong gains logged by major indices over the year, with just two trading sessions remaining before year-end. U.S. markets will be shut on Thursday for New Year’s Day.
The S&P 500 slipped 24.20 points, or 0.3%, to close at 6,905.74. Despite the modest decline, the benchmark index remains up more than 17% for the year and is still tracking its eighth consecutive monthly advance. The Dow Jones Industrial Average fell 249.04 points, or 0.5%, to 48,461.93, while the Nasdaq Composite declined 118.75 points, or 0.5%, to 23,474.35.
Yen Strengthened
The yen strengthened on Monday in light holiday trading, on track for its fifth gain in six sessions as markets weighed the timing of additional interest rate hikes in Japan and the chances of intervention. Bank of Japan policymakers debated the need to continue raising rates, the minutes from its policy meeting earlier in December, when the central bank hiked its policy rate to a 30-year high of 0.75% from 0.5%, showed on Monday.
The dollar index, which measures the greenback against a basket of currencies, rose 0.09% to 98.12, with the euro down 0.12% at $1.1757. Sterling weakened 0.04% to $1.3489. Against the Japanese yen, the dollar weakened 0.23% to 156.18.
