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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 Sept 24, 2018 7:51:04 AM IST (Updated)

Indian equity market is set for a tepid start on Monday amid mixed global cues. The Singapore-traded SGX Nifty Futures traded at levels around 11,155 vs Nifty September Future's Friday close of 11,178, indicating a subdued opening on Dalal Street today.

Indian equity market is set for a tepid start on Monday amid mixed global cues.

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The Singapore-traded SGX Nifty Futures traded at levels around 11,155 vs Nifty September Future's Friday close of 11,178, indicating a subdued opening on Dalal Street today.
Here is what you need to know before the market opens:
Asia: Shares eased in holiday-thinned trading on Monday and the safe haven yen gained as China canceled upcoming tariff talks with the United States. US stock futures were a touch weaker while MSCI’s broadest index of Asia-Pacific shares outside Japan dipped 0.3 percent.
US: The Dow Jones Industrial Average rose 86.52 points, or 0.32 percent, to 26,743.5, the S&P 500 lost 1.08 points, or 0.04 percent, to 2,929.67 and the Nasdaq Composite dropped 41.28 points, or 0.51 percent, to 7,986.96.
Dollar index: The dollar’s index, which measures the greenback against a basket of major currencies, was last at 94.22 to hover near its weakest point since early July.
Crude oil prices: Brent crude futures were at $79.74 per barrel at 0036 GMT, up by 94 cents, or 1.2 percent. US West Texas Intermediate (WTI) crude futures rose by 74 cents, or 1.1 percent, to $71.52 a barrel.
Market at close on Friday: The NSE Nifty 50 managed to close 91.30 points lower, or by 0.81 percent, at 11,143.10, while the BSE Sensex fell 0.75 percent, or by nearly 280 points, to end 36,841.60. For the week, the Nifty fell 3.2 percent, while the Sensex shed 3.3 percent. Both the indexes posted their biggest weekly fall since August 11, 2017.
Rupee: The Indian rupee closed at 72.20 a US dollar on Friday, depreciating 35 paise from the previous week's close of 71.85.
FII & DII data: Foreign institutional investors (FIIs) bought shares worth Rs 760.7 crore and domestic institutional investors Rs 497.03 crore in the Indian equity market on Friday.
RBI and Sebi on Markets: The Reserve Bank Sunday said that it along with Sebi is "closely monitoring" recent developments in financial markets and "ready" to take actions, if necessary, as domestic bourses witnessed sudden mid-session plunge last Friday.
Ayushman Bharat: Prime Minister Narendra Modi launched the Pradhan Mantri Jan Arogya Yojana PMJAY-Ayushman Bharat from here Sunday. Describing it as a "game changer", Modi said the scheme was a step towards serving the poor people of the country and it would come into effect from Sunday.
IL&FS default: After a brutal Friday in the equity market and a near-no-trade Friday in the debt market, there was more bad news over the weekend. IL&FS, the company whose sudden downgrade has led the debt market into fear and illiquidity, announced that it has defaulted on an LC (letter of credit) payment to IDBI.
(With inputs from agencies)
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