From Nasdaq:



Indian shares are set for a flat open as volatility is expected to increase due to the expiry of December month derivative contracts. Rising uncertainty in the Red Sea and a surge in new Covid-19 cases may also weigh on the markets. The active caseload of Covid-19 has jumped to 4,054 in India.

The RBI’s MPC meeting minutes noted that domestic food inflation unpredictability and volatility in crude oil prices and financial markets in an uncertain international environment pose risks to the inflation outlook. Benchmark indexes Sensex and Nifty eked out modest gains on Friday, but ended the week with declines. Asian markets were seeing muted gains and the dollar was near a five-month low while oil steadied after climbing 3 percent in the previous week.

U.S. stocks ended mixed on Friday with the Dow slipping 0.1 percent and the S&P 500 and Nasdaq Composite rising about 0.2 percent. Separate data revealed orders for newly manufactured durable goods registered their biggest monthly increase in more than three years in November. European stocks also ended on a mixed note, with the pan European STOXX 600 edging up 0.1 percent.



Read more: Sensex, Nifty To Open On Flat Note Amid Muted Global Cues