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10 things you need to know before the opening bell

10 things you need to know before the opening bell

10 things you need to know before the opening bell
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By CNBC-TV18 Aug 14, 2018 7:58:36 AM IST (Updated)

The Singapore-traded SGX Nifty, which gives an early indication of the performance of Indian markets, was trading at levels around 11,400 vs Nifty August Future's Monday close of 11,381, indicating a positive opening for domestic bourses.

Indian equity indexes are expected to start on a positive note on Tuesday amid the Turkish lira crisis. The Singapore-traded SGX Nifty, which gives an early indication of the performance of Indian markets, was trading at levels around 11,400 vs Nifty August Future's Monday close of 11,381, indicating a positive opening for domestic bourses.

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Here is what you need to know before the market opens:
Asia: Stock markets tried to regain their footing with Japan's Nikkei leading the early running with a gain of 1.0 percent, while Australia added 0.4 percent. MSCI's broadest index of Asia-Pacific shares outside Japan was flat having found support above the July low of 525.52.
US: The Dow Jones Industrial Average shed 125.44 points to 25,187.70. The S&P 500 fell 11.35 points to 2,821.93. The Nasdaq Composite Index finished down 19.40 points to 7,819.71.
Brent: Oil prices inched higher in early Asian trade with Brent up 15 cents at $72.76 a barrel, while US crude added 17 cents to $67.37.
Dollar index: The dollar steadied at 110.63 yen, having hit a six-week trough around 110.11 on Monday. Against a basket of currencies, the dollar was a shade softer at 96.338.
Turkish lira: The currency found a moment's respite at 6.9500 per dollar after Turkey's central bank said it would provide liquidity and cut reserve requirements for banks. Yet it still lost almost 10 percent on Monday alone and has shed more than two-fifths of its value so far in 2018.
Markets at close: The Sensex closed down 224.33 points or 0.59 percent at 37644.90, while the Nifty fell 73.70 points or 0.64 percent at 11355.80.
Rupee: The Indian rupee on Tuesday crashed by Rs 1.08 or 1.57 percent to end at historic low of 69.91 against the US currency amid a global rout in currencies following fears that Turkish economic crisis could engulf world economy.
FII & DII data: Foreign institutional investors (FIIs) sold shares worth Rs 971.86 crore while domestic institutional investors bought shares worth Rs 216.29 crore in the Indian equity market on Monday, as per provisional data available on the NSE.
CPI: Retail inflation fell to 4.17 percent in July, lowest in nine months, driven by cheaper food items, data released by the statistics office showed. Retail inflation, measured by Consumer Price Index (CPI) had hit a five-month high of 5 percent in June. It came in at 2.36 percent in July 2017. CPI is the main price gauge that the Reserve Bank of India (RBI) tracks.
BSE investor base: The BSE registered investors base crossed the four-crore mark on Monday. The bourse saw its investor base increasing by 14.25 per cent over the previous year, 2.75 per cent over previous quarter and 1.03 per cent over previous month.
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