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This article is more than 2 year old.

10 things you need to know before the opening bell

Mini

Indian stocks are set for a positive start on Monday, taking cues from Asian peers, after the top economic leaders US and China brokered a truce in their trade conflict, bringing relief for the global economic outlook and a tonic for emerging markets.

10 things you need to know before the opening bell
The Indian market is set for a positive start on Monday, taking cues from its Asian peers after the top economic leaders US and China brokered a truce in their trade conflict, bringing relief for the global economic outlook and a tonic for emerging markets.
At 07:15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.71 percent at 10,987.50, indicating a positive opening for the Indian market.
Here is what you need to know before the market opens:
Asia: E-Mini futures for the S&P 500 climbed 1.8 percent, while the Sydney market added 1 percent. MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.27 percent though most bourses had yet to start. Nikkei futures pointed to opening gains of around 1.2 percent.
Wall Street: The Dow Jones Industrial Average rose 98.22 points, or 0.39 percent, to 25,464.65, the S&P 500 gained 8.26 points, or 0.30 percent, to 2,752.05 and the Nasdaq Composite added 23.33 points, or 0.32 percent, to 7,314.93.
Crude Oil Prices: US West Texas Intermediate (WTI) crude futures were at $52.60 per barrel at 0032 GMT, up $1.67 per barrel, or 3.2 percent from their last close. International Brent crude oil futures were up $1.55 per barrel, or 2.6 percent, at $61.01 a barrel.
Market At Close On Friday: Indian shares ended with mild gains led by IT and auto stocks, while financials, energy and telecom stocks dragged indexes. The Nifty50 index ended at 10,876.75, up 18.05 points or 0.2 percent from the previous close, while the BSE Sensex closed at 36,194.30, up 23.89 points or 0.1 percent.
Rupee: The rupee closed at 69.59, up 25 paise against the dollar on Friday.
Dollar: The US dollar eased on a basket of currencies to 97.136, but also firmed on the yen to 113.79. The euro added 0.1 percent to $1.1330.
FII & DII data: Foreign institutional investors (FIIs) sold shares worth Rs 333 crore, while domestic institutional investors (DIIs) bought shares worth Rs 1,490 crore in the Indian equity market on November 30.
November GST Collection: After breaching the Rs 1-lakh crore-mark in October, revenue collection under the goods and services tax (GST) slided to Rs 97,637 crore in November. The revenue collected in November relates to transactions made in October. The total GST revenue collected in October (for September) was Rs 1,00,710 crore.
China-US Trade War: China and the United States agreed to a ceasefire in their bitter trade war on Saturday after high-stakes talks in Argentina between US President Donald Trump and Chinese President Xi Jinping, including no escalated tariffs on January 1. Trump will leave tariffs on $200 billion worth of Chinese imports at 10 percent at the beginning of the new year, agreeing to not raise them to 25 percent "at this time", the White House said in a statement.
India-Iran Oil Import: India's imports of Iranian oil dropped the least, falling just 0.2 percent from the same month last year to 466,400 bpd. Most Indian refiners boosted purchases from Iran ahead of the US sanctions as Iran was offering almost free shipping and extended credit periods, according to oil analysts.
 
(With inputs from agencies)
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