Muted opening cues set the stage for active stock-specific action in Monday’s trade

Early trading signals indicated a subdued start for Indian equities on December 8 as mixed global cues weighed on sentiment. GIFT Nifty futures were trading 13 points lower at 26,320 around 06:50 AM, pointing to a cautious opening. Asia Pacific markets showed a mixed trend with Japan’s Nikkei down 0.14 percent, Australia’s ASX 200 lower by 0.17 percent and South Korea’s Kospi largely flat.