Trade setup for December 19: Top 15 things to know before the opening bells
Indian equity markets are expected to open with mixed signals as investors track global market trends, crude oil prices, and overnight cues from the US markets. Asian indices are showing cautious movement, reflecting uncertainty around inflation data and interest rate outlooks. The Nifty and Sensex closed the previous session with modest gains, supported by select banking and IT stocks. However, volatility may remain high due to ongoing foreign institutional investor activity and sector-specific developments. The rupee’s movement against the US dollar, changes in bond yields, and crude oil fluctuations will also influence market sentiment. Stocks in focus include companies announcing corporate actions, quarterly updates, or regulatory developments. Technical indicators suggest key resistance and support levels that traders should monitor closely. Overall, market participants are likely to adopt a stock-specific approach while remaining cautious ahead of global economic cues and domestic macroeconomic updates.
The Key points
- Indian markets may open cautiously amid mixed global cues
- Asian stocks show muted trends in early trade
- US markets ended overnight session on a mixed note
- Crude oil prices remain a key factor for market direction
- Rupee movement against the dollar in focus
- FIIs activity likely to impact intraday volatility
- Banking and IT stocks may see selective buying
- Technical charts indicate crucial support and resistance levels
- Corporate announcements to drive stock-specific action
- Traders expected to remain cautious with a short-term outlook
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