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10 things you need to know before the opening bell on April 9

Updated : April 09, 2021 07:51 AM IST

The Indian market is likely to open flat on Friday amid a mixed trade in Asian peers. The trend on SGX Nifty also indicates a flat start for the broader index in India. The Nifty futures were trading 10.50 points or 0.07 percent higher at the 14,956.50 level on the Singaporean Exchange at 7:10 am.

 1. Wall Street:  Stocks are closing moderately higher on Wall Street and the S&P 500 was helped to a new high Thursday by large technology companies that benefitted from lower bond yields. Bank stocks and energy companies fell, which muted the markets overall gains. The S&P 500 index gained 0.4 percent. The Dow Jones Industrial Average rose 0.2 percent and the technology-heavy Nasdaq Composite climbed 1 percent.
1. Wall Street: Stocks are closing moderately higher on Wall Street and the S&P 500 was helped to a new high Thursday by large technology companies that benefitted from lower bond yields. Bank stocks and energy companies fell, which muted the markets overall gains. The S&P 500 index gained 0.4 percent. The Dow Jones Industrial Average rose 0.2 percent and the technology-heavy Nasdaq Composite climbed 1 percent.
 2. Asian stocks:  Shares in Asia-Pacific were mixed in Friday morning trade, with the S&P 500 on Wall Street cruising to yet another record closing high overnight. In Japan, the Nikkei 225 jumped 1.1 percent in early trade while the Topix index advanced 0.88 percent. South Korea’s Kospi gained 0.35 percent. Stocks in Australia dipped as the S&P/ASX 200 declined 0.1 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.12 percent higher.
2. Asian stocks: Shares in Asia-Pacific were mixed in Friday morning trade, with the S&P 500 on Wall Street cruising to yet another record closing high overnight. In Japan, the Nikkei 225 jumped 1.1 percent in early trade while the Topix index advanced 0.88 percent. South Korea’s Kospi gained 0.35 percent. Stocks in Australia dipped as the S&P/ASX 200 declined 0.1 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan traded 0.12 percent higher.
 3. D-Street:  Indian shares ended off day's high but in the green, rising for a third straight session on Thursday. Gains in metals and IT stocks were capped by losses in banks and financials. The  Sensex ended 84 points higher  at 49,746 while the Nifty rose 55 points to settle at 14,874.
3. D-Street: Indian shares ended off day's high but in the green, rising for a third straight session on Thursday. Gains in metals and IT stocks were capped by losses in banks and financials. The Sensex ended 84 points higher at 49,746 while the Nifty rose 55 points to settle at 14,874.
 4. Oil:  Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. Brent crude futures for June climbed 0.1 percent to $63.27 a barrel by 0106 GMT and US West Texas Intermediate (WTI) crude for May was at $59.77 a barrel, up 0.3 percent.
4. Oil: Oil prices edged up in early Asian trade on Friday, supported by a weaker dollar, as investors weighed rising supplies and the impact on fuel demand from the COVID-19 pandemic. Brent crude futures for June climbed 0.1 percent to $63.27 a barrel by 0106 GMT and US West Texas Intermediate (WTI) crude for May was at $59.77 a barrel, up 0.3 percent.
 5. Gold:  Gold rose by Rs 182 to Rs 45,975 per 10 gram in the national capital on Thursday following gains in the international precious metal prices, according to HDFC Securities. Silver also witnessed increased buying and jumped Rs 725 to Rs 66,175 per kg from the previous close of Rs 65,450 per kg.
5. Gold: Gold rose by Rs 182 to Rs 45,975 per 10 gram in the national capital on Thursday following gains in the international precious metal prices, according to HDFC Securities. Silver also witnessed increased buying and jumped Rs 725 to Rs 66,175 per kg from the previous close of Rs 65,450 per kg.
 6. Rupee:  The Indian rupee weakened further by 11 paise against the US currency to close at its weakest level in nearly five months on Thursday amid fears that a rapid resurgence of Covid cases in the country can disrupt economic recovery. Logging its fourth straight session loss, the domestic currency settled at 74.58 to the US dollar the lowest level for the rupee since November 13, 2019.
6. Rupee: The Indian rupee weakened further by 11 paise against the US currency to close at its weakest level in nearly five months on Thursday amid fears that a rapid resurgence of Covid cases in the country can disrupt economic recovery. Logging its fourth straight session loss, the domestic currency settled at 74.58 to the US dollar the lowest level for the rupee since November 13, 2019.
 7. Bond yield:  The 10-year benchmark bond yield on Thursday settled at 6.03 percent as against the previous close of 6.08 percent. This is the lowest level since budget day i.e. February 1, 2021.  Read more .
7. Bond yield: The 10-year benchmark bond yield on Thursday settled at 6.03 percent as against the previous close of 6.08 percent. This is the lowest level since budget day i.e. February 1, 2021. Read more.
 8. Auto sales:  Retail automobile sales during March 2021 fell sharply by 28.64 percent as compared to the same month last year, as per the latest vehicle registration data released by the Federation of Automobile Dealers Associations (FADA) on Thursday.  Read more .
8. Auto sales: Retail automobile sales during March 2021 fell sharply by 28.64 percent as compared to the same month last year, as per the latest vehicle registration data released by the Federation of Automobile Dealers Associations (FADA) on Thursday. Read more.
 9. Aviation:  Domestic air passenger traffic has dipped after several state governments and UTs imposed fresh restrictions due to the surge in COVID-19 cases in the country.
9. Aviation: Domestic air passenger traffic has dipped after several state governments and UTs imposed fresh restrictions due to the surge in COVID-19 cases in the country.
 10. COVID-19:  A panel of Indian experts is investigating if there are any domestic cases of blood clotting, even mild ones, as a side effect of the two COVID-19 vaccines being administered in the country, Mint reported on Friday.
10. COVID-19: A panel of Indian experts is investigating if there are any domestic cases of blood clotting, even mild ones, as a side effect of the two COVID-19 vaccines being administered in the country, Mint reported on Friday.
Published : April 09, 2021 07:51 AM IST
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