Motilal Oswal
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Motilal Oswal
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10 things you need to know before the opening bell

Updated : 2019-02-06 07:13:10

Indian shares are likely to open positive on Wednesday, taking cues from its Asian peers as investors waited to see if US President Donald Trump drops any hints of progress on tariffs in his State of the Union speech. Investors also await the three-day Reserve Bank of India’s Monetary Policy Committee meeting outcome. At 07:03 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.41 percent at 11,005, pointing to a positive start for the Sensex and the Nifty.

1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was flat with China and several other markets in the region still closed for the Lunar New Year holiday. Japan's Nikkei edged up 0.3 percent, while E-Mini futures for the S&P 500 barely budged. (Image: Reuters/Caption Credits: Reuters)
1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was flat with China and several other markets in the region still closed for the Lunar New Year holiday. Japan's Nikkei edged up 0.3 percent, while E-Mini futures for the S&P 500 barely budged. (Image: Reuters/Caption Credits: Reuters)
2. US: The Dow Jones Industrial Average rose 172.15 points, or 0.68 percent, to 25,411.52, the S&P 500 gained 12.83 points, or 0.47 percent, to 2,737.7 and the Nasdaq Composite added 54.55 points, or 0.74 percent, to 7,402.08. (Image: Reuters/Caption Credits: Reuters)
2. US: The Dow Jones Industrial Average rose 172.15 points, or 0.68 percent, to 25,411.52, the S&P 500 gained 12.83 points, or 0.47 percent, to 2,737.7 and the Nasdaq Composite added 54.55 points, or 0.74 percent, to 7,402.08. (Image: Reuters/Caption Credits: Reuters)
3. Markets At Close On Wednesday: The Indian equity market ended Tuesday’s rangebound trade with minor gains as investors avoided big bets ahead of the three-day Reserve Bank of India’s Monetary Policy Committee meeting outcome. The 50-share broader Nifty closed 22 points higher at 10,934, while the Sensex added 34 points to settle at 36,616.81. Benchmark indices closed higher for a fourth straight session. (Image: Reuters)
3. Markets At Close On Wednesday: The Indian equity market ended Tuesday’s rangebound trade with minor gains as investors avoided big bets ahead of the three-day Reserve Bank of India’s Monetary Policy Committee meeting outcome. The 50-share broader Nifty closed 22 points higher at 10,934, while the Sensex added 34 points to settle at 36,616.81. Benchmark indices closed higher for a fourth straight session. (Image: Reuters)
4. Crude Oil: US West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement. They closed down 1.7 percent on Tuesday. International Brent crude oil futures had yet to trade, after closing down 0.8 percent in the previous session.  (Image: Reuters/Caption Credits: Reuters)
4. Crude Oil: US West Texas Intermediate (WTI) crude futures were at $53.76 per barrel at 2338 GMT, up 10 cents, or 0.2 percent, from their last settlement. They closed down 1.7 percent on Tuesday. International Brent crude oil futures had yet to trade, after closing down 0.8 percent in the previous session.  (Image: Reuters/Caption Credits: Reuters)
5. Rupee: The rupee closed at 71.56, up by 24 paise against the dollar on Tuesday. (Image: Stock Image)
5. Rupee: The rupee closed at 71.56, up by 24 paise against the dollar on Tuesday. (Image: Stock Image)
6. Dollar: The dollar held up well thanks in part to a retreat in sterling, which hit two-week lows at $1.2922 after poor survey data and uncertainty about Brexit talks pushed it below a key market level. Against a basket of currencies, the dollar was firm at 96.064 and well above last week's low of 95.162. It was steady on the yen at 109.94. (Image: Reuters/Caption Credits: Reuters)
6. Dollar: The dollar held up well thanks in part to a retreat in sterling, which hit two-week lows at $1.2922 after poor survey data and uncertainty about Brexit talks pushed it below a key market level. Against a basket of currencies, the dollar was firm at 96.064 and well above last week's low of 95.162. It was steady on the yen at 109.94. (Image: Reuters/Caption Credits: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 421 crore on net basis, while domestic institutional investors (DIIs) bought shares worth Rs 194 crore on February 5. (Image: Stock Image)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 421 crore on net basis, while domestic institutional investors (DIIs) bought shares worth Rs 194 crore on February 5. (Image: Stock Image)
8. RBI To Pay Dividend: The finance ministry expects Rs 69,000 crore dividend from the Reserve Bank of India (RBI) in the next financial year, sources said. The government has projected to mobilise Rs 82,911.56 crore as dividend or surplus from the RBI, nationalised banks and financial institutions during 2019-20. (Image: Reuters/Caption Credits: PTI)
8. RBI To Pay Dividend: The finance ministry expects Rs 69,000 crore dividend from the Reserve Bank of India (RBI) in the next financial year, sources said. The government has projected to mobilise Rs 82,911.56 crore as dividend or surplus from the RBI, nationalised banks and financial institutions during 2019-20. (Image: Reuters/Caption Credits: PTI)
9. Air India: Pilot unions of Air India have written to the company asking that their flying allowances be paid by February 10 otherwise they will not accept any changes in the duty roster, which has already been issued for February.  (Image: Reuters/Caption Credits: PTI)
9. Air India: Pilot unions of Air India have written to the company asking that their flying allowances be paid by February 10 otherwise they will not accept any changes in the duty roster, which has already been issued for February.  (Image: Reuters/Caption Credits: PTI)
10. Sebi On Intra-Day Trading: Capital markets regulator Sebi has asked exchanges to step up their surveillance of intra-day trading in the wake of significant volatility in a few stocks, sources said. The stocks under the scanner include those of a troubled airline, a media conglomerate facing liquidity crunch, a finance company under lens for alleged payment defaults, a pharma major being probed for insider trading and other violations as also a mining-to-infrastructure major. (Image: Reuters/Caption Credits: PTI)
10. Sebi On Intra-Day Trading: Capital markets regulator Sebi has asked exchanges to step up their surveillance of intra-day trading in the wake of significant volatility in a few stocks, sources said. The stocks under the scanner include those of a troubled airline, a media conglomerate facing liquidity crunch, a finance company under lens for alleged payment defaults, a pharma major being probed for insider trading and other violations as also a mining-to-infrastructure major. (Image: Reuters/Caption Credits: PTI)
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