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10 things you need to know before the opening bell

Updated : February 25, 2019 08:08 AM IST

Indian shares are set for a muted start on Monday, despite gains in Asian peers after US President Donald Trump confirmed he would delay a planned increase on Chinese imports as talks between the two sides were making “substantial progress”. At 07:00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.03 percent at 10,810.50, indicating a muted start for the Sensex and the Nifty.

1. Asia: MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent to the highest since October, and is up 10 percent for the year so far. Japan’s Nikkei climbed 0.5 percent to levels last seen in mid-December. E-Mini futures for the S&P 500 edged up 0.3 percent, while Treasury futures slipped.. (Image: Reuters)
1. Asia: MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.2 percent to the highest since October, and is up 10 percent for the year so far. Japan’s Nikkei climbed 0.5 percent to levels last seen in mid-December. E-Mini futures for the S&P 500 edged up 0.3 percent, while Treasury futures slipped.. (Image: Reuters)
2. US: On Friday, the Dow Jones Industrial Average rose 181.18 points, or 0.7 percent, to 26,031.81, the S&P 500 gained 17.79 points, or 0.64 percent, to 2,792.67 and the Nasdaq Composite added 67.84 points, or 0.91 percent, to 7,527.55. (Image: Reuters)
2. US: On Friday, the Dow Jones Industrial Average rose 181.18 points, or 0.7 percent, to 26,031.81, the S&P 500 gained 17.79 points, or 0.64 percent, to 2,792.67 and the Nasdaq Composite added 67.84 points, or 0.91 percent, to 7,527.55. (Image: Reuters)
3. Markets At Close On Friday: Indian shares ended lower on Friday, failing to sustain the uptrend seen in the past two days, dragged by financials and index heavyweight Reliance Industries. The BSE Sensex slipped by 27 points to end at 35,871, while the broader 50-share NSE Nifty settled just one point up at 10,792. For the week, the Sensex gained 0.2 percent and the Nifty 0.6 percent. The Nifty Midcap surged 2 percent this week and Nifty Bank 0.3 percent. (Image: Reuters)
3. Markets At Close On Friday: Indian shares ended lower on Friday, failing to sustain the uptrend seen in the past two days, dragged by financials and index heavyweight Reliance Industries. The BSE Sensex slipped by 27 points to end at 35,871, while the broader 50-share NSE Nifty settled just one point up at 10,792. For the week, the Sensex gained 0.2 percent and the Nifty 0.6 percent. The Nifty Midcap surged 2 percent this week and Nifty Bank 0.3 percent. (Image: Reuters)
4. Crude Oil: Oil prices were near their highest since mid-November, despite record output from the United States. US crude was last up 11 cents at $57.37 a barrel, while Brent crude futures rose 14 cents to $67.26. (Image: Reuters)
4. Crude Oil: Oil prices were near their highest since mid-November, despite record output from the United States. US crude was last up 11 cents at $57.37 a barrel, while Brent crude futures rose 14 cents to $67.26. (Image: Reuters)
5. Rupee: The rupee closed at 71.14, up by 11 paise against the dollar on Friday. (Image: Stock Image)
5. Rupee: The rupee closed at 71.14, up by 11 paise against the dollar on Friday. (Image: Stock Image)
6. Dollar: In currencies, the trade news deflated the safe-haven yen a little and lifted the dollar to 110.76. The euro was flat at $1.1340 and still well within the $1.1213/1.1570 trading range that has held since mid-October. Against a basket of currencies, the dollar was holding steady at 96.494. (Image: Reuters)
6. Dollar: In currencies, the trade news deflated the safe-haven yen a little and lifted the dollar to 110.76. The euro was flat at $1.1340 and still well within the $1.1213/1.1570 trading range that has held since mid-October. Against a basket of currencies, the dollar was holding steady at 96.494. (Image: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 6,311 crore on a net basis, while domestic institutional investors (DIIs) bought shares worth Rs 839 crore on February 22. (Image: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 6,311 crore on a net basis, while domestic institutional investors (DIIs) bought shares worth Rs 839 crore on February 22. (Image: Reuters)
8. This Week In Dalal Street: The release of quarterly GDP numbers along with derivatives expiry might flare-up volatility in the equity market during the coming week. Market observers said that other factors such as high crude oil price and the rupee's movement against the US dollar can also induce volatility. Besides, crucial data points on the country's fiscal deficit, Index of Eight Core Industries and the quarterly GDP growth rate will be keenly watched by the market participants. (Image: Reuters)
8. This Week In Dalal Street: The release of quarterly GDP numbers along with derivatives expiry might flare-up volatility in the equity market during the coming week. Market observers said that other factors such as high crude oil price and the rupee's movement against the US dollar can also induce volatility. Besides, crucial data points on the country's fiscal deficit, Index of Eight Core Industries and the quarterly GDP growth rate will be keenly watched by the market participants. (Image: Reuters)
9. GST On Real Estate: In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 percent without the input tax credit, from the existing 12 percent, finance minister Arun Jaitley said. The Council also cut GST rates on affordable housing to 1 percent from the current 8 percent and expanded the scope of affordable housing to those costing up to Rs 45 lakh and measuring 60 sq metre in metros and 90 sq metre in non-metro cities. The new tax rates will come into effect from April 1, 2019.
9. GST On Real Estate: In a big relief to home buyers, the GST Council Sunday slashed tax rates on under-construction housing properties to 5 percent without the input tax credit, from the existing 12 percent, finance minister Arun Jaitley said. The Council also cut GST rates on affordable housing to 1 percent from the current 8 percent and expanded the scope of affordable housing to those costing up to Rs 45 lakh and measuring 60 sq metre in metros and 90 sq metre in non-metro cities. The new tax rates will come into effect from April 1, 2019.
10. US-China Trade Talks: President Donald Trump said on Sunday he would delay an increase in US tariffs on Chinese goods scheduled for later this week thanks to progress in trade talks and said if progress continued, he and Chinese President Xi Jinping would seal a deal. The president said in a tweet that progress had been made on a host of divisive areas including intellectual property protection, technology transfers, agriculture, services and currency. (Image: Reuters)
10. US-China Trade Talks: President Donald Trump said on Sunday he would delay an increase in US tariffs on Chinese goods scheduled for later this week thanks to progress in trade talks and said if progress continued, he and Chinese President Xi Jinping would seal a deal. The president said in a tweet that progress had been made on a host of divisive areas including intellectual property protection, technology transfers, agriculture, services and currency. (Image: Reuters)
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