Indian equity benchmarks Sensex and Nifty are likely to start Tuesday, January 6, on a mixed but slightly positive note, tracking overnight gains in Asian markets.

However, on Monday, January 5, both indices ended lower as investors booked profits in select heavyweight stocks despite supportive global cues. Sentiment also weakened amid rising geopolitical tensions following reports of a US military operation in Venezuela that led to the capture of President Nicolás Maduro and his wife.

Domestic Market Recap

On Monday, Indian indices closed in the green:

• Sensex slumped by 322 points (0.38%) to close at 85,439.62
• Nifty 50 moved down by 78 points (0.30%) to settle at 26,250.30

Gift Nifty

Gift Nifty was trading near 26,392, around 76 points higher than the previous Nifty futures close, hinting at a positive start for Indian markets.

Overnight Wall Street Performance

Wall Street ended higher on Monday as a strong rally in financial stocks drove the Dow Jones Industrial Average to a record high, while energy shares jumped after a US military strike led to the capture of Venezuelan President Nicolás Maduro.

• The Dow Jones Industrial Average soared by 594.79 points (1.23%) to close at 48,977.18.
• S&P 500 up by 43.58 points (0.64%), ending at 6,902.05.
• The Nasdaq Composite was higher by 160.19 points (0.69%), finishing at 23,395.82.

Gold Prices

• Spot gold was trading 0.35% higher at $4,456.89 per ounce.
• The US gold futures were higher by 0.35% at $4,467.00.

Crude Oil Prices

• Brent crude slipped by 0.34% to $61.55/barrel
• US West Texas Intermediate (WTI) crude was trading 0.43% lower at $58.07/barrel

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