Stock Market Live Updates: GIFT Nifty Indicates Positive Open; Cipla, Ambuja Cements, Groww, Paytm In Focus

• Nifty December futures up by 0.6% to 26,201 at a premium of 29 points.

• Nifty December futures open interest down by 4.63%.

• Nifty Options on Dec 23: Maximum Call open interest at 26,200 and Maximum Put open interest at 26,100.

• The US Dollar index is down 0.13% at 97.815.

• Euro was up 0.14% at 1.1773.

• Pound was up 0.15% at 1.3480.

• Yen was down 0.38% at 156.49.

• S&P 500 futures were little changed as of 9:13 a.m. Tokyo time

• Hang Seng futures rose 0.4%

• Japan’s Topix rose 0.6%

• Australia’s S&P/ASX 200 rose 0.5%

• Euro Stoxx 50 futures fell 0.3%

Asian stocks extended their winning streak for a third session, buoyed by the bullish momentum that lifted Wall Street and signaling that the anticipated year-end rally is gaining traction.

MSCI’s Asia-Pacific index edged up 0.3% in early Tuesday trading after a global benchmark closed at a new high. Japan’s Topix added 0.5%, contributing to the region’s positive tone.

Good morning readers.

The GIFT Nifty was trading above 26,200 early on Tuesday. The futures contract based on the benchmark Nifty 50 rose 0.07% at 26,230.5 as of 6:41 a.m. indicating a positive start for the Indian markets.

In the previous session on Monday, the benchmark extended its gaining streak for the second week. The NSE Nifty 50 ended 206 points or 0.79% higher at 26,172.40, while the BSE Sensex closed 638.12 points or 0.75% higher at 85,567.48.