
India’s benchmark equity indices, the Sensex and Nifty 50, are expected to open largely unchanged but with a slight positive bias on Wednesday, December 17, snapping a 2-day losing streak.
Global cues remain cautious, as Asian equities opened lower, tracking a muted performance on Wall Street. Investor sentiment was dampened after weaker-than-expected US jobs data failed to strengthen expectations of aggressive interest rate cuts by the Federal Reserve.
On Tuesday, December 16, Indian equities continued their downward trajectory amid a sharp fall in the rupee and persistent weakness across global markets. The Sensex declined 534 points, or 0.63%, to close at 84,679.86, while the Nifty 50 slipped 167 points, or 0.64%, ending the session at 25,860.10.
Early signals from Gift Nifty suggest a subdued start for domestic markets. Gift Nifty was trading around the 25,937 mark, higher by 21.5 points or 0.08% compared to the previous close of Nifty futures.
Asian markets traded cautiously on Wednesday as a mixed US labour report offered limited insight into the Fed’s future policy direction, prompting investors to stay on the sidelines. MSCI’s broad Asia-Pacific index excluding Japan edged up 0.16%, while Japan’s Nikkei slipped marginally. Meanwhile, Nasdaq futures fell 0.26% and S&P 500 futures were down 0.14%, following a lacklustre session on Wall Street.
US markets ended mixed on Tuesday as investors digested fresh labour market data alongside ongoing sector rotation. The S&P 500 declined for the third straight session, easing 0.24% to 6,800.26. The Dow Jones Industrial Average fell more sharply, losing 302.30 points, or 0.62%, to 48,114.26. In contrast, the Nasdaq Composite managed a modest gain of 0.23%, closing at 23,111.46.
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US job growth remained subdued in November, with the unemployment rate rising to a four-year high, reinforcing indications that the labour market is gradually losing momentum following a soft October performance.
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Published on: Dec 17, 2025, 8:19 AM IST

Sachin Gupta
Sachin Gupta is a Content Writer with 6+ years of experience in the stock market, including global markets like the US, Canada, and Australia. At Angel One, Sachin specialises in creating financial content that simplifies complex market trends. Sachin holds a Master's in Commerce, specialising in Economics.
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