9 key things that changed for market overnight - Gift Nifty, US markets to gold prices

By Admin

12 Dec, 2025

The Indian stock market is gearing up for a strong opening on December 12, supported by robust global cues and renewed optimism across global financial markets. With the US Federal Reserve delivering a much-anticipated rate cut, Wall Street hitting fresh record highs, and Asian markets opening in the green, the setup for domestic equities looks positive. Here are the nine major developments that shaped market sentiment overnight.

1. Strong Opening Likely for Sensex and Nifty 50
Indian stock market indices, the Sensex and Nifty 50, are poised for a strong start after bouncing back from a three-day decline. On Thursday, December 11, the Sensex climbed 427 points to 84,818.13 (up 0.51%), while the Nifty 50 surged 141 points to 25,898.55 (up 0.55%), driven by gains in auto and IT sectors. The rebound followed the US Fed’s 25-bps rate cut and its signal of one more reduction next year.

2. Global Sentiment Boosted by US Rate Cut
The US Federal Reserve’s widely expected rate cut sent ripples of positivity across global markets. The decline in US 10-year yields also eased concerns about foreign investor outflows. According to Vinod Nair, Head of Research at Geojit Investments, auto stocks strengthened on expectations of rising demand, while IT stocks rallied on the optimism of improved global spending.

3. Asian Markets Open on a Positive Note
Asian equities saw a mildly positive start on Friday. Australia’s benchmark gained nearly 1% in early trade, tracking Wall Street’s strong performance. The MSCI All Country World Index also hit a new closing peak setting the tone for one of the strongest years since 2019.

4. Gift Nifty Near Record High
Gift Nifty trends pointed to another upbeat start for Indian markets. The index traded near a record 26,134, up 108 points or 0.4% from its previous close, signalling strong buying interest before the opening bell.

5. Wall Street Hits New Highs
US stocks rallied sharply on Thursday, with the Dow Jones and S&P 500 closing at new record highs. The S&P 500 gained 0.21% as investors rotated into financials (+1.8%) and materials (+2.2%). The Dow jumped 646 points (1.34%) to 48,704.01. However, the Nasdaq slipped 0.25% due to pressure on tech stocks after weak guidance from Oracle.

6. Bank of Japan Expected to Hike Rates
A Bloomberg survey revealed all 50 economists expect the Bank of Japan to raise its benchmark interest rate to 0.75% next week. This would mark the first unanimous rate hike expectation under Governor Kazuo Ueda and the first policy tightening since January, influenced partly by the evaluation of impacts from Donald Trump’s tariff actions.

7. US Trade Deficit Shrinks to 2020 Low
The US trade deficit unexpectedly narrowed to $52.8 billion the lowest since the pandemic due to a sharp 3% rise in exports and minor growth in imports. The data suggests improving trade balance conditions just as new tariffs start to take effect.

8. Gold and Silver Show Profit Booking After Big Gains
Gold prices dipped 0.2% to $4,277.64 per ounce after hitting a seven-week high, as investors booked profits. Silver, despite falling 0.5% to $63.31, remains a standout performer with a massive 119% year-to-date gain driven by strong industrial demand, shrinking inventories, and inclusion in the US critical minerals list.

Other precious metals also edged lower:
• Platinum down 0.2% to $1,691.45
• Palladium down 0.5% to $1,476.50

9. Oil Prices Rebound Amid Market Optimism
Oil prices recovered from a two-month low, with WTI moving toward $58 a barrel and Brent rising above $61. The rebound came despite bearish supply outlooks. The International Energy Agency reiterated expectations of an unprecedented surplus, although slightly trimmed from last month, with global inventories now at a four-year high.