Asian Markets Mixed as Investors Await Stimulus Amid Political Unrest

Asian markets showed a mixed performance due to political instability in South Korea and anticipation of new stimulus measures from Beijing.

In the previous session on December 6, Indian markets experienced slight losses, with the Nifty closing below 24,700. This decline followed the Reserve Bank of India's decision to maintain the repo rate while reducing the Cash Reserve Ratio (CRR) to increase liquidity.

At the close, the Sensex fell by 56.74 points, or 0.07 percent, to settle at 81,709.12, while the Nifty decreased by 30.60 points, or 0.12 percent, ending at 24,677.80.

  • In the broader market, US bond yields decreased, and the dollar index remained unchanged, indicating cautious sentiment among investors in the current economic landscape.
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