Before Market Opens: Market likely to see a positive opening; 9 things to know at 9 am on December 5, 2022

S&P 500 futures slipped 0.2%, while Nasdaq futures fell 0.1% after November's robust US payrolls report dented hopes for less aggressive interest rate hikes by the Federal Reserve. In the previous session on December 2, the S&P 500 closed slightly lower. The Dow Jones Industrial Average rose 0.1 percent to 34,429.88, the S&P 500 lost 0.12 percent to 4,071.7 and the Nasdaq Composite dropped 0.18 percent to 11,461.50.Michael M. Santiago/Getty Images/AFP == FOR NEWSPAPERS, INTERNET, TELCOS & TELEVISION USE ONLY ==

Asian shares edged higher on December 5 as investors hoped steps to unwind pandemic restrictions in China would eventually brighten the outlook for global growth and commodity demand, even if full freedom could be months away, reported Reuters. Japan's Nikkei was near flat, while South Korea's KOSPI dipped 0.1 percent. China's Shanghai Composite Index rose over a percent. (AP Photo/Lee Jin-man)

SGX Nifty (Nifty futures on Singapore Stock Exchange) indicated a positive start for the domestic market on December 5. At 8:10 am, the SGX Nifty was trading 35 points, or 0.18 percent, higher at 18,859.

The eight-day winning streak of the domestic market benchmarks ended on December 2 as investors turned to profit booking in absence of a fresh positive trigger. Sensex closed 416 points, or 0.66 percent, lower at 62,868.50 while the Nifty closed at 18,696.10, down 116 points, or 0.62 percent.(PTI Photo) (PTI7_5_2019_000223B)(PTI7_5_2019_000256B)

India's foreign exchange reserves rose for the third consecutive week. The country's forex reserves rose by $2.89 billion to $550.14 billion during the week that ended on November 25, the Reserve Bank of India data showed on December 2.

Gold prices edged up in international markets on December 5 and hovered near the key $1,800 level, as a softer US dollar made the greenback-priced bullion cheaper for buyers holding other currencies, reported Reuters.

Oil prices inched up in early trade after OPEC+ nations reaffirmed their oil output targets ahead of a European Union ban and price caps on Russian crude, which kick off on December 5. Easing Covid curbs on China also boosted crude oil prices. Brent Crude rose 2 percent higher in trade.REUTERS/Nick Oxford/File Photo

The rupee slipped 10 paise to settle at 81.32 per dollar in the previous session on December 2. As reported by Reuters, the steep decline in the US yields has taken a toll on the dollar, which fell 1.4 percent last week on a basket of currencies to its lowest since June. REUTERS/Adnan Abidi

Foreign portfolio investors (FPI) bought Indian shares worth ₹214.76 crore on NSE, BSE and MSEI in the previous session on December 2. Domestic institutional investors (DIIs), too, bought Indian shares worth ₹712.34 crore, NSE data showed.