Global Cues: US GDP, Gold, Oil & Indian Market Outlook (Dec 24)

Indian markets are set for a mixed opening today, influenced by robust US Q3 GDP growth, surging gold prices, and steady crude oil. Global markets show varied trends, while domestic institutional buying offsets foreign outflows.

• US Q3 GDP expanded significantly by 4.3%.
• Gold prices in India surged past ₹1.4 lakh/10g.
• Crude oil prices showed modest gains amid tensions.
• Gift Nifty indicates a flat to positive start for Nifty.
• DII inflows counter FII selling in Indian equities.
• Asian markets display mixed sentiment on holiday eve.

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