homemarket Newsstocks News

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
Profile image

By CNBC-TV18 Nov 2, 2018 7:30:07 AM IST (Published)

Indian shares are likely to open higher on Friday, tracking gains in Asian peers, on easing global worries after China and the United States expressed optimism about resolving their bitter trade dispute.

Indian shares are likely to open higher on Friday, tracking gains in Asian peers, on easing global worries after China and the United States expressed optimism about resolving their bitter trade dispute.

Recommended Articles

View All

At 07.00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.76 percent to 10,494, indicating a positive start for the Indian market today.
Here is what you need to know before the market opens:
Asia: Asian equity markets rose on Friday as China and the United States expressed optimism about resolving their bruising trade war, though a warning from tech giant Apple Inc on holiday sales amid emerging market weakness could weigh on technology shares.
Wall Street: US stocks rose for a third straight session on Thursday as President Donald Trump said trade talks with China were "moving along nicely," reviving hopes that the two countries can resolve their trade dispute.
Oil: Oil prices dipped on Friday as record crude output by the world's top-three producers offset supply concerns from the start of US sanctions next week against Iran's petroleum exports.
Rupee: The rupee closed at 73.45 against the US dollar on Thursday.
Aviation: Domestic airlines are projected to post the steepest losses in a decade in the current fiscal year owing to higher aviation fuel costs and falling rupee, rating agency Crisil said in a report on Thursday.
US-India trade:  India has delayed the implementation of higher tariffs on some goods imported from the United States to Dec. 17, according to a government order that put off for a third time retaliatory action against US import tariffs on steel and aluminium.
Gold: Indian gold demand in 2018 is expected to fall from the previous year as a rally in local prices to five-year highs is likely to dent purchases during key festivals in the December quarter, the World Gold Council (WGC) said on Thursday.
FII & DII data:  Foreign institutional investors (FIIs) bought Rs 348.75 crore worth of shares. Domestic institutional investors sold shares worth Rs 509.17 crore in the Indian stock market on Thursday, as per the NSE data.
Dollar: The dollar sagged against its peers on Friday, pulling away from a 16-month peak hit earlier this week as returning confidence in financial markets reduced the appeal for safe-haven assets and as investors awaited the closely-watched US jobs report.
RBI vs Govt:  Reserve Bank of India (RBI) governor Urjit Patel should stand firm against bullying and never be provoked by the government, said Arun Shourie, former divestment minister.
(With inputs from agencies)
 
Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!

Top Budget Opinions

    Most Read

    Market Movers

    View All
    Top GainersTop Losers
    CurrencyCommodities
    CompanyPriceChng%Chng