• SENSEX
    NIFTY 50
Market

10 things you need to know before the opening bell

Updated : 2019-03-07 08:31:24

Indian shares are set to open little changed on Thursday amid lack of cues after the benchmark indices closed higher for three straight sessions on the back of overseas inflows. Asian markets were sluggish as investors awaited some kind of resolution to Sino-US trade negotiations. At 07:10 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.03 percent at 11,093.50, indicating a muted start for the Sensex and the Nifty.

1. Asia: Japan's Nikkei average fell 0.6 percent, while Australian shares added 0.2 percent.<br />MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent in early trade. It was not far from its five-month high marked last week and was up 10.4 percent year-to-date. (Image: Reuters)
1. Asia: Japan's Nikkei average fell 0.6 percent, while Australian shares added 0.2 percent.
MSCI's broadest index of Asia-Pacific shares outside Japan rose 0.1 percent in early trade. It was not far from its five-month high marked last week and was up 10.4 percent year-to-date. (Image: Reuters)
2. US: The Dow Jones Industrial Average fell 133.17 points, or 0.52 percent, to 25,673.46, the S&P 500 lost 18.2 points, or 0.65 percent, to 2,771.45 and the Nasdaq Composite dropped 70.44 points, or 0.93 percent, to 7,505.92. (Image: Reuters)
2. US: The Dow Jones Industrial Average fell 133.17 points, or 0.52 percent, to 25,673.46, the S&P 500 lost 18.2 points, or 0.65 percent, to 2,771.45 and the Nasdaq Composite dropped 70.44 points, or 0.93 percent, to 7,505.92. (Image: Reuters)
3. Markets At Close On Wednesday: The BSE Sensex furthered its gains for the third straight session Wednesday, rising over 193 points to 36,636.10 on sustained buying mainly in finance, energy and metal counters. Similarly, the NSE gauge Nifty also rose over 65 points to close above the psychologically key 11,000 level. (Image: Reuters)
3. Markets At Close On Wednesday: The BSE Sensex furthered its gains for the third straight session Wednesday, rising over 193 points to 36,636.10 on sustained buying mainly in finance, energy and metal counters. Similarly, the NSE gauge Nifty also rose over 65 points to close above the psychologically key 11,000 level. (Image: Reuters)
4. Crude Oil Prices: US West Texas Intermediate (WTI) crude oil futures were at $56.45 per barrel at 0234 GMT, up 23 cents, or 0.4 percent, from their last settlement. Brent crude futures were at $66.36 per barrel, up 37 cents, or 0.6 percent.US West Texas Intermediate (WTI) crude oil futures were at $56.11 per barrel at 0033 GMT, down 11 cents, or 0.2 percent, from their last settlement. (Image: Reuters)
4. Crude Oil Prices: US West Texas Intermediate (WTI) crude oil futures were at $56.45 per barrel at 0234 GMT, up 23 cents, or 0.4 percent, from their last settlement. Brent crude futures were at $66.36 per barrel, up 37 cents, or 0.6 percent.US West Texas Intermediate (WTI) crude oil futures were at $56.11 per barrel at 0033 GMT, down 11 cents, or 0.2 percent, from their last settlement. (Image: Reuters)
5. Rupee: The rupee closed at 70.28, up by 20 paise against the dollar on Wednesday. (Image: Reuters)
5. Rupee: The rupee closed at 70.28, up by 20 paise against the dollar on Wednesday. (Image: Reuters)
6. Dollar: The dollar eased 0.1 percent to 111.62 yen, moving further away from Tuesday's 2-1/2-month peak of 112.135, while the dollar index, which measures the greenback against a basket of six of its peers, barely moved. (Image: Reuters)
6. Dollar: The dollar eased 0.1 percent to 111.62 yen, moving further away from Tuesday's 2-1/2-month peak of 112.135, while the dollar index, which measures the greenback against a basket of six of its peers, barely moved. (Image: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 1,131 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 878 crore on March 6. (Image: Stock Image)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 1,131 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 878 crore on March 6. (Image: Stock Image)
8.US-IndiaTradeTalks: India is exploring various options, including approaching the WTO dispute body, to deal with the US decision to withdraw import incentives for about 2,000 domestic goods under the trade preference scheme, sources said. Providing fiscal support to domestic exporters of those sectors hit by the US decision and imposing retaliatory duties are also among the options considered by India, they said. On March 5, the US decided to withdraw import duty benefits, which was in the range of 1-6 per cent, under its Generalized System of Preferences (GSP) programme. (Image: Reuters)
8.US-IndiaTradeTalks: India is exploring various options, including approaching the WTO dispute body, to deal with the US decision to withdraw import incentives for about 2,000 domestic goods under the trade preference scheme, sources said. Providing fiscal support to domestic exporters of those sectors hit by the US decision and imposing retaliatory duties are also among the options considered by India, they said. On March 5, the US decided to withdraw import duty benefits, which was in the range of 1-6 per cent, under its Generalized System of Preferences (GSP) programme. (Image: Reuters)
9. Relief on Angle Tax for Start-ups: In some relief to hundreds of startups across the country, which have received tax notices for raising capital above fair market value of shares, the Central Board of Direct Taxes (CBDT) on Tuesday has notified the modified norms to enable them to seek 'angel tax' exemption for investments of up to Rs 25 crore. The modified norms, which are aimed at encouraging budding entrepreneurs, will be effective retrospectively from February 19, when the Department for Promotion of Industry and Internal Trade (DPIIT) relaxed the norms for startups. (Image: Stock Image)
9. Relief on Angle Tax for Start-ups: In some relief to hundreds of startups across the country, which have received tax notices for raising capital above fair market value of shares, the Central Board of Direct Taxes (CBDT) on Tuesday has notified the modified norms to enable them to seek 'angel tax' exemption for investments of up to Rs 25 crore. The modified norms, which are aimed at encouraging budding entrepreneurs, will be effective retrospectively from February 19, when the Department for Promotion of Industry and Internal Trade (DPIIT) relaxed the norms for startups. (Image: Stock Image)
10. US-China Trade Talks: US President Donald Trump said on Wednesday that trade talks with China were moving along well and predicted either a
10. US-China Trade Talks: US President Donald Trump said on Wednesday that trade talks with China were moving along well and predicted either a "good deal" or no deal between the world's two largest economies.Washington and Beijing have been locked in intense negotiations to end a months-long trade war. Trump, citing progress in talks, last week delayed a planned tariff increase to 25 percent from 10 percent on $200 billion of Chinese goods. (Image: Reuters)
Live TV

Ask Our Experts CNBC TV18