Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Market

10 things you need to know before the opening bell

Updated : February 21, 2019 08:05 AM IST

Indian shares are set for a weak start on Thursday despite gains in Asia and US stocks after US Federal Reserve minutes affirmed it would be "patient" on interest rate rises and risk assets got a lift from hopes of further progress in US-China trade talks. At 07:12 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.28 percent at 10,736.50, indicating a weak start for the Sensex and the Nifty

1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was steady in early trade, hovering just off their highest since early October, Reuters reported. Australian shares gave up early gains, last trading 0.1 percent lower, but the Australian dollar rallied in the wake of strong full-time jobs figure. Japan's Nikkei was down 0.3 percent after closing at a two-month high during the previous session. (Image: Reuters)
1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was steady in early trade, hovering just off their highest since early October, Reuters reported. Australian shares gave up early gains, last trading 0.1 percent lower, but the Australian dollar rallied in the wake of strong full-time jobs figure. Japan's Nikkei was down 0.3 percent after closing at a two-month high during the previous session. (Image: Reuters)
2. US: The Dow Jones Industrial Average rose 63.12 points, or 0.24 percent, to 25,954.44, the S&P 500 gained 4.94 points, or 0.18 percent, to 2,784.7 and the Nasdaq Composite added 2.30 points, or 0.03 percent, to 7,489.07. (Image: Reuters)
2. US: The Dow Jones Industrial Average rose 63.12 points, or 0.24 percent, to 25,954.44, the S&P 500 gained 4.94 points, or 0.18 percent, to 2,784.7 and the Nasdaq Composite added 2.30 points, or 0.03 percent, to 7,489.07. (Image: Reuters)
3. Markets At Close On Wednesday: Indian shares snapped an eight-day long losing streak on Wednesday with benchmark indices rallying higher at the close. The BSE Sensex rallied 403 points or 1.14 percent, to settle at 35,756. The 30-share BSE index posted a gain of over 400 points after 13 sessions. The NSE Nifty50 also gained 131 points or 1.24 percent, to close at 10,735. Only five Nifty stocks ended in the red.
3. Markets At Close On Wednesday: Indian shares snapped an eight-day long losing streak on Wednesday with benchmark indices rallying higher at the close. The BSE Sensex rallied 403 points or 1.14 percent, to settle at 35,756. The 30-share BSE index posted a gain of over 400 points after 13 sessions. The NSE Nifty50 also gained 131 points or 1.24 percent, to close at 10,735. Only five Nifty stocks ended in the red.
4. Crude Oil Prices: US West Texas Intermediate (WTI) crude oil futures were at $57.30 per barrel at 0046 GMT, up 14 cents, or 0.2 percent, from their last settlement and not far off their 2019 high of $57.55 reached the previous day. International Brent crude futures had yet to trade but also hit a 2019 peak the day before, at $67.38 per barrel. (Image: Reuters)
4. Crude Oil Prices: US West Texas Intermediate (WTI) crude oil futures were at $57.30 per barrel at 0046 GMT, up 14 cents, or 0.2 percent, from their last settlement and not far off their 2019 high of $57.55 reached the previous day. International Brent crude futures had yet to trade but also hit a 2019 peak the day before, at $67.38 per barrel. (Image: Reuters)
5. Rupee: The rupee closed at 71.11, up by 23 paise against the dollar on Wednesday. (Image: Reuters)
5. Rupee: The rupee closed at 71.11, up by 23 paise against the dollar on Wednesday. (Image: Reuters)
6. Dollar: Against the Japanese yen, the dollar was about 0.1 percent lower at 110.70 yen, moving off a seven-week peak of 111.13 reached last week. (Image: Reuters)
6. Dollar: Against the Japanese yen, the dollar was about 0.1 percent lower at 110.70 yen, moving off a seven-week peak of 111.13 reached last week. (Image: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 713 crore on a net basis, while domestic institutional investors (DIIs) bought shares worth Rs 113 crore on February 20. (Image: Stock Image)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 713 crore on a net basis, while domestic institutional investors (DIIs) bought shares worth Rs 113 crore on February 20. (Image: Stock Image)
8. FDI Inflows: Foreign direct investment (FDI) into India contracted by 7 percent to $33.49 billion during April-December in the current fiscal, according to commerce and industry ministry data. Foreign fund inflows during April-December 2017-18 stood at $35.94 billion. (Image: Reuters)
8. FDI Inflows: Foreign direct investment (FDI) into India contracted by 7 percent to $33.49 billion during April-December in the current fiscal, according to commerce and industry ministry data. Foreign fund inflows during April-December 2017-18 stood at $35.94 billion. (Image: Reuters)
9. Government Recapitalisation Plan: The government on Wednesday decided to infuse Rs 48,239 crore in 12 public sector banks as part of the recapitalisation plan, which will help them maintain regulatory capital requirements and finance growth plans. Financial services secretary Rajiv Kumar said that the government will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank -- the two
9. Government Recapitalisation Plan: The government on Wednesday decided to infuse Rs 48,239 crore in 12 public sector banks as part of the recapitalisation plan, which will help them maintain regulatory capital requirements and finance growth plans. Financial services secretary Rajiv Kumar said that the government will infuse Rs 9,086 crore in Corporation Bank and Rs 6,896 crore in Allahabad Bank -- the two "better-performing" banks currently under the prompt corrective action (PCA) framework of the Reserve Bank of India. (Image: Reuters)
10. US Federal Reserve: The Federal Reserve on Wednesday signalled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted
10. US Federal Reserve: The Federal Reserve on Wednesday signalled they will soon lay out a plan to stop letting go of $4 trillion in bonds and other assets, but policymakers are still debating how long their newly adopted "patient" stance on US rates policy will last. For now, policymakers see little risk to leaving interest rates alone while they take time to assess rising risks, including a global slowdown, according to the Fed's minutes from their Jan. 29-30 meeting, released on Wednesday. (Image: Reuters)
Live TV

Ask Our Experts CNBC TV18

Send your queries on investments and have them answered by our experts

Enter your details

Post