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10 things you need to know before the opening bell on July 15

Updated : 2019-07-15 07:25:00

Indian shares are likely to open little changed on Monday in line with global markets ahead of Chinese GDP data. Investors are also cautious amid ongoing June quarter earnings season. Asian shares were down marginally in thin trades as Japanese markets were shut for a public holiday. At 7.00 AM, the SGX Nifty futures traded 4.50 points, or 0.04 percent, up at 11,551, indicating a flat start for the Sensex and the Nifty 50.

1. Asia: MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower at 524.9 points. Australian shares slipped 0.8 percent while South Korea’s KOSPI inched 0.3 percent lower. Trading was expected to be light as Japan was shut for a public holiday. (Image: Reuters)
1. Asia: MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower at 524.9 points. Australian shares slipped 0.8 percent while South Korea’s KOSPI inched 0.3 percent lower. Trading was expected to be light as Japan was shut for a public holiday. (Image: Reuters)
2. US: The Dow Jones Industrial Average rose 243.95 points, or 0.9 percent, to 27,332.03, the S&P 500 gained 13.86 points, or 0.46 percent, to 3,013.77 and the Nasdaq Composite added 48.10 points, or 0.59 percent, to 8,244.14. (Image: AP)
2. US: The Dow Jones Industrial Average rose 243.95 points, or 0.9 percent, to 27,332.03, the S&P 500 gained 13.86 points, or 0.46 percent, to 3,013.77 and the Nasdaq Composite added 48.10 points, or 0.59 percent, to 8,244.14. (Image: AP)
3. Markets At Close On Friday: The Sensex ended 87 points lower at 38,736, while the broader Nifty50 index lost 35 points to end at 11,548. In broader markets, the Nifty Midcap and the Nifty Smallcap index gained 0.4 percent and 0.3 percent, respectively. (Image: Reuters)
3. Markets At Close On Friday: The Sensex ended 87 points lower at 38,736, while the broader Nifty50 index lost 35 points to end at 11,548. In broader markets, the Nifty Midcap and the Nifty Smallcap index gained 0.4 percent and 0.3 percent, respectively. (Image: Reuters)
4. Crude Oil: Brent crude futures for September fell 6 cents to $66.66 a barrel by 0022 GMT. US crude for August was down 5 cents at $60.16 a barrel, after both contracts last week posted their biggest weekly gains in three weeks. (Image: AP)
4. Crude Oil: Brent crude futures for September fell 6 cents to $66.66 a barrel by 0022 GMT. US crude for August was down 5 cents at $60.16 a barrel, after both contracts last week posted their biggest weekly gains in three weeks. (Image: AP)
5. Currency: In currency markets, the greenback was flat at 97.818 against a basket of major currencies. The dollar index fell for three days in a row as markets fully priced in the chance of a 25-basis-point (bps) cut to US interest rates. There is also a small probability of a 50 bps cut. (Image: ANI)
5. Currency: In currency markets, the greenback was flat at 97.818 against a basket of major currencies. The dollar index fell for three days in a row as markets fully priced in the chance of a 25-basis-point (bps) cut to US interest rates. There is also a small probability of a 50 bps cut. (Image: ANI)
6. US-India Trade Talks: US and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs and other protectionist measures imposed by both sides that are straining bilateral ties, according to officials with knowledge of the discussions. Many of the toughest questions on agricultural commodities, e-commerce, and steel and aluminum, have been put off until commerce and industry minister Piyush Goyal goes to Washington for talks with United States Trade Representative Robert Lighthizer next month. The dates for that trip are yet to be settled. (Image: Reuters)
6. US-India Trade Talks: US and Indian trade negotiators ended talks on Friday without making major progress on a range of disputes over tariffs and other protectionist measures imposed by both sides that are straining bilateral ties, according to officials with knowledge of the discussions. Many of the toughest questions on agricultural commodities, e-commerce, and steel and aluminum, have been put off until commerce and industry minister Piyush Goyal goes to Washington for talks with United States Trade Representative Robert Lighthizer next month. The dates for that trip are yet to be settled. (Image: Reuters)
7. Forex Reserve: India's foreign exchange reserves increased by $2.232 billion during the week ended July 5, official data showed on Friday. According to the Reserve Bank of India's weekly statistical supplement, the overall forex reserves rose to $429.911 billion from $427.678 billion reported for the week ended June 28. (Image: Reuters)
7. Forex Reserve: India's foreign exchange reserves increased by $2.232 billion during the week ended July 5, official data showed on Friday. According to the Reserve Bank of India's weekly statistical supplement, the overall forex reserves rose to $429.911 billion from $427.678 billion reported for the week ended June 28. (Image: Reuters)
8. FIIs and DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 850 crore on a net basis in the cash market, while domestic institutional investors (DIIs) bought shares worth Rs 940crore on July 12. (Image: Stock)
8. FIIs and DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 850 crore on a net basis in the cash market, while domestic institutional investors (DIIs) bought shares worth Rs 940crore on July 12. (Image: Stock)
9. Retail Inflation: India's retail inflation increased marginally to 3.18 percent in June over the previous month, mainly due to the rise in food prices, according to government data released on Friday. As per the CPI data released by the Central Statistics Office (CSO), the food inflation was 2.17 percent in June 2019, up from 1.83 percent in the preceding month. (Image: Reuters)
9. Retail Inflation: India's retail inflation increased marginally to 3.18 percent in June over the previous month, mainly due to the rise in food prices, according to government data released on Friday. As per the CPI data released by the Central Statistics Office (CSO), the food inflation was 2.17 percent in June 2019, up from 1.83 percent in the preceding month. (Image: Reuters)
10. In a bid to deal with stress in the NBFC sector, guidelines will be issued soon for state-owned banks to take over pooled assets of non-banking financial companies, a finance ministry official told PTI. (Image: AP)
10. In a bid to deal with stress in the NBFC sector, guidelines will be issued soon for state-owned banks to take over pooled assets of non-banking financial companies, a finance ministry official told PTI. (Image: AP)
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