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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 Oct 26, 2018 7:35:39 AM IST (Published)

Indian shares looked set for a tepid start on Friday as Asian peers struggled to recover from previous sessions' global market rout amid disappointing US earnings.

Indian shares looked set for a tepid start on Friday as Asian peers struggled to recover from previous sessions' global market rout amid disappointing US earnings.

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At 07.16 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.15 percent to 10,168, indicating a tepid start for the Indian market today.
Here is what you need to know before the market opens:
Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was flat after pushing slightly lower in the opening hour. The index has been bruised by a heavy sell-off in the past several days, tumbling more than 3 percent this week.
US: The Dow Jones Industrial Average rose 401.13 points, or 1.63 percent, to 24,984.55, the S&P 500 gained 49.47 points, or 1.86 percent, to 2,705.57 and the Nasdaq Composite added 209.94 points, or 2.95 percent, to 7,318.34.
Crude Oil Prices: Brent crude futures rose 72 cents to settle at $76.89 per barrel as US equities rose amid strong corporate earnings. The global benchmark has lost almost $10 a barrel since hitting a high of $86.74 on Oct. 3. US crude settled at $67.33, up 51 cents.
Market At Close On Thursday: The BSE Sensex and the NSE Nifty50 ended Thursday's trading session at over 6 month closing lows. The Sensex ended below 33,700, while the Nifty managed to hold 10,100, after falling below the level intra-day.
Rupee: The Indian rupee closed lower by 12 paise to 73.28 against the US dollar on Thursday.
Gold: Spot gold was flat at $1,231.17 an ounce at 0101 GMT. On Tuesday, it touched a high of $1,239.68, a peak since July 17. It was up 0.4 percent for the week. US gold futures were up 0.1 percent at $1,233.70 an ounce.
Dollar: The dollar dropped 0.1 percent against the yen to 112.29. The dollar index, which tracks the greenback against a basket of six major rivals, was also 0.1 percent lower at 96.594. The euro edged lower, extending weakness after European Central Bank President Mario Draghi said the bank's 2.6 trillion euro ($2.96 trillion) asset purchase program will end this year.
FII & DII data: Foreign institutional investors (FIIs) sold shares worth Rs 1,496 crore while domestic institutional investors (DIIs) bought shares worth Rs 340 crore in the Indian equity market on October 25.
Rafale Row: French aircraft maker Dassault Aviation on Friday said the choice of going with Anil Ambani's Reliance Defence for a partnership to manufacture parts for its Rafale aircraft was its own.
Aircel-Maxis Case: The Enforcement Directorate (ED) on Thursday filed a chargesheet in the the Rs 3,500-crore Aircel-Maxis deal case, accusing former Finance Minister P. Chidambaram and a few others of laundering Rs 1.16 crore.
(With inputs from agencies)
 
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