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10 things you need to know before the opening bell on March 26

Updated : March 26, 2021 07:47 AM IST

The Indian market is likely to open higher Friday following gains in global peers. At 7:30 am, the SGX Nifty was trading 197.50 points or 1.38 percent higher at 14,526.00, indicating a positive start for the Sensex and Nifty50.

 1. Wall Street:  Stocks closed higher on Wall Street Thursday after shaking off some wobbles from earlier in the day. The S&P 500 rose 0.5 percent, the latest ebb in the back-and-forth trading its gone through the last few weeks. Treasury yields continued to stabilize. The Dow Jones Industrial Average rose 0.6 percent and The Nasdaq rose 0.1 percent to 12,977.68.
1. Wall Street: Stocks closed higher on Wall Street Thursday after shaking off some wobbles from earlier in the day. The S&P 500 rose 0.5 percent, the latest ebb in the back-and-forth trading its gone through the last few weeks. Treasury yields continued to stabilize. The Dow Jones Industrial Average rose 0.6 percent and The Nasdaq rose 0.1 percent to 12,977.68.
 2. Asian stocks:  Stocks in Asia-Pacific rose in Friday morning trade following an overnight rebound on Wall Street. In Japan, the Nikkei 225 gained 1.23 percent and South Korea’s Kospi advanced 0.54 percent. Shares in Australia edged higher, as the S&P/ASX 200 gained 0.43 percent. MSCI’s broadest index of Asia-Pacific shares traded 0.15 percent higher.
2. Asian stocks: Stocks in Asia-Pacific rose in Friday morning trade following an overnight rebound on Wall Street. In Japan, the Nikkei 225 gained 1.23 percent and South Korea’s Kospi advanced 0.54 percent. Shares in Australia edged higher, as the S&P/ASX 200 gained 0.43 percent. MSCI’s broadest index of Asia-Pacific shares traded 0.15 percent higher.
 3. Dalal Street:  Indian shares fell sharply for a second straight session to settle 1.5 percent lower on Thursday as selling intensified across most sectors on concerns over the possibility of fresh restrictions to curb the spread of coronavirus cases. Losses in Energy, auto and IT stocks dragged the most. The Sensex ended 740 points lower at 48,440 while the Nifty fell 224 points to settle at 14,325.
3. Dalal Street: Indian shares fell sharply for a second straight session to settle 1.5 percent lower on Thursday as selling intensified across most sectors on concerns over the possibility of fresh restrictions to curb the spread of coronavirus cases. Losses in Energy, auto and IT stocks dragged the most. The Sensex ended 740 points lower at 48,440 while the Nifty fell 224 points to settle at 14,325.
 4. Crude Oil:  Oil prices fell 4 percent per barrel on Thursday, extending a string of market weakness on renewed lockdowns in Europe and Asia to head off a rising coronavirus infection rate. Brent crude fell $2.58, or 4 percent, to $61.83 a barrel by 12:33 p.m. EDT (1633 GMT). US West Texas Intermediate (WTI) crude fell $2.95, or 4.8 percent, to $58.23 a barrel.
4. Crude Oil: Oil prices fell 4 percent per barrel on Thursday, extending a string of market weakness on renewed lockdowns in Europe and Asia to head off a rising coronavirus infection rate. Brent crude fell $2.58, or 4 percent, to $61.83 a barrel by 12:33 p.m. EDT (1633 GMT). US West Texas Intermediate (WTI) crude fell $2.95, or 4.8 percent, to $58.23 a barrel.
 5. Gold:  Gold gained Rs 44 to Rs 44,347 per 10 gram in the national capital on Thursday, supported by weaker rupee and overnight gain in global precious metal prices. Silver, however, dipped Rs 637 to Rs 64,110 per kg, from Rs 64,747 per kg in the previous trade.
5. Gold: Gold gained Rs 44 to Rs 44,347 per 10 gram in the national capital on Thursday, supported by weaker rupee and overnight gain in global precious metal prices. Silver, however, dipped Rs 637 to Rs 64,110 per kg, from Rs 64,747 per kg in the previous trade.
 6. Rupee:  Dropping for the third consecutive day, the Indian rupee fell by 7 paise to close at 72.62 against the US dollar on Thursday amid concerns over surging coronavirus cases in India and some other parts of the world. At the interbank forex market, the rupee opened lower at 72.68 a dollar, but recouped some of its losses during the session to close at 72.62, still down by 7 paise.
6. Rupee: Dropping for the third consecutive day, the Indian rupee fell by 7 paise to close at 72.62 against the US dollar on Thursday amid concerns over surging coronavirus cases in India and some other parts of the world. At the interbank forex market, the rupee opened lower at 72.68 a dollar, but recouped some of its losses during the session to close at 72.62, still down by 7 paise.
 7. SEBI:  To make the delisting process more transparent and efficient, Sebi on Thursday decided that promoters should disclose their intention to delist the company by making an initial public announcement. In addition, the regulator has decided to remove the list of restricted activities or sectors from the definition of venture capital undertaking, to provide flexibility to venture capital funds registered under alternative investment funds (AIFs) in making investments.
7. SEBI: To make the delisting process more transparent and efficient, Sebi on Thursday decided that promoters should disclose their intention to delist the company by making an initial public announcement. In addition, the regulator has decided to remove the list of restricted activities or sectors from the definition of venture capital undertaking, to provide flexibility to venture capital funds registered under alternative investment funds (AIFs) in making investments.
 8. RBI:  RBI Governor Shaktikanta Das on Thursday said that the relationship between the central bank and the bond market should be
8. RBI: RBI Governor Shaktikanta Das on Thursday said that the relationship between the central bank and the bond market should be "cooperative" and "not combative", adding that there is "no fight between RBI and market." In a media event on Thursday, Das said he is confident that the central bank will be able to manage the bond yields. He reiterated that RBI will ensure an orderly evolution of the yield curve, as disorderly evolution can disrupt growth.
 9. Thursday's Parliament Session : Parliament on Thursday passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India. The Rajya Sabha passed the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 by voice vote on Thursday.
9. Thursday's Parliament Session: Parliament on Thursday passed a bill to set up the National Bank for Financing Infrastructure and Development (NaBFID) to fund infrastructure projects in India. The Rajya Sabha passed the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 by voice vote on Thursday.
 10. Tata-Cyrus Mistry Case:  The Supreme Court is scheduled to pronounce on Friday its judgement on the cross appeals filed by Tata Sons Pvt Ltd and Cyrus Investments Pvt Ltd against the NCLAT order which had restored Cyrus Mistry as the executive chairman of the over USD 100 billion salt-to-software Tata conglomerate.
10. Tata-Cyrus Mistry Case: The Supreme Court is scheduled to pronounce on Friday its judgement on the cross appeals filed by Tata Sons Pvt Ltd and Cyrus Investments Pvt Ltd against the NCLAT order which had restored Cyrus Mistry as the executive chairman of the over USD 100 billion salt-to-software Tata conglomerate.
Published : March 26, 2021 07:47 AM IST
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