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Asian markets traded mixed on the penultimate trading day of 2024, reflecting cautious sentiment following Wall Street's decline on Friday. The Nikkei dropped 0.58%, while Shanghai and Hang Seng edged higher by 0.28% and 0.11%, respectively.
In the December series, Nifty futures witnessed a pullback rally in the first half of the month and it has marked a high of 24930 level. Thereafter it resumed its southward journey. This was the third consecutive series, where the index has delivered a negative return.
Asian Markets: Most markets are trading in the green, supported by optimism around regional developments. Nikkei is up 0.47%, while Shanghai is slightly down by 0.18%. The Hang Seng market is closed for the Boxing Day holiday.