Motilal Oswal
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Motilal Oswal
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10 things you need to know before the opening bell on May 20

Updated : 2019-05-20 07:33:29

Indian shares are set to open higher with a positive bias on Monday after News18-Ipsos exit polls data indicated Narendra Modi scoring an emphatic win for his BJP-led National Democratic Alliance (NDA) with 336 seats. Analysts said the equity market has already priced in Narendra Modi's win, however, the exit poll numbers will further boost Indian benchmark indices BSE Sensex and NSE's Nifty 50. Meanwhile, in global markets, the negotiations between the US and China have hit a pause after US President Donald Trump has increased scrutiny on Chinese telecom companies. On Friday, the Sensex surged 537.29 points, or 1.44 percent, to 37,930.77, and the Nifty 50 rallied 150.05 points, or 1.33 percent, to 11,407.15. At 07:00 AM, the SGX Nifty was trading higher by 231.50 points or 2.02 percent at 11,666.

1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.38 percent. Stocks in Asia were higher on Monday after US-China trade talks negotiations said to hit a roadblock. The Nikkei in Japan added 0.57 percent in trade. The Kospi added 0.73 percent and the ASX 200 in Australia rose 1.43 percent. (Image: Reuters)
1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was down 0.38 percent. Stocks in Asia were higher on Monday after US-China trade talks negotiations said to hit a roadblock. The Nikkei in Japan added 0.57 percent in trade. The Kospi added 0.73 percent and the ASX 200 in Australia rose 1.43 percent. (Image: Reuters)
2. US: The Dow Jones Industrial Average ended the day on Friday with 98.68 points lower at 25,764. The S&P 500 declined  0.6 percent to close at 2,859.53 while the Nasdaq Composite fell 1.04 percent to 7,816.29. (Image: Reuters)
2. US: The Dow Jones Industrial Average ended the day on Friday with 98.68 points lower at 25,764. The S&P 500 declined  0.6 percent to close at 2,859.53 while the Nasdaq Composite fell 1.04 percent to 7,816.29. (Image: Reuters)
3. Markets At Close On Friday:  Indian shares rose with the Nifty ending above 11,400 boosted by gains in auto, banks and FMCG stocks. The Sensex settled 537 points higher at 37,930, while the Nifty50 added 150 points to end at 11,407. (Image: Reuters)
3. Markets At Close On Friday:  Indian shares rose with the Nifty ending above 11,400 boosted by gains in auto, banks and FMCG stocks. The Sensex settled 537 points higher at 37,930, while the Nifty50 added 150 points to end at 11,407. (Image: Reuters)
4. Crude Oil: Brent crude futures were at $72.98 a barrel at 0009 GMT, up 77 cents, or 1.1 percent, from their last close. Brent closed down 0.6 percent on Friday. US West Texas Intermediate (WTI) crude futures were at $63.39 per barrel, up 63 cents, or 1 percent, from their previous settlement. (Image: Reuters)
4. Crude Oil: Brent crude futures were at $72.98 a barrel at 0009 GMT, up 77 cents, or 1.1 percent, from their last close. Brent closed down 0.6 percent on Friday. US West Texas Intermediate (WTI) crude futures were at $63.39 per barrel, up 63 cents, or 1 percent, from their previous settlement. (Image: Reuters)
5. Rupee & Dollar Index: The Indian rupee declined 20 paise or 28 percent at 70.22 against its previous close of 70.03. While, the dollar index, which measures the greenback against a basket of currencies, rose 0.17 percent, with the euro down 0.16 percent to $1.1154. Concern about next week’s European parliamentary elections dented demand for the euro. (Image: Reuters)
5. Rupee & Dollar Index: The Indian rupee declined 20 paise or 28 percent at 70.22 against its previous close of 70.03. While, the dollar index, which measures the greenback against a basket of currencies, rose 0.17 percent, with the euro down 0.16 percent to $1.1154. Concern about next week’s European parliamentary elections dented demand for the euro. (Image: Reuters)
6. FIIs & DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 1,058 crore on a net basis in the cash market, while domestic institutional investors (DIIs) bought shares worth Rs 1,810 crore. (Image: Reuters)
6. FIIs & DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 1,058 crore on a net basis in the cash market, while domestic institutional investors (DIIs) bought shares worth Rs 1,810 crore. (Image: Reuters)
7. Exit Polls Prediction For 2019 Lok Sabha Elections: Narendra Modi will score an emphatic win for his BJP-led National Democratic Alliance (NDA) with 336 seats, securing a second five-year term, after a gruelling and staggered election that lasted more than five weeks, according to a comprehensive News18-Ipsos exit poll on Sunday. (stock image)
7. Exit Polls Prediction For 2019 Lok Sabha Elections: Narendra Modi will score an emphatic win for his BJP-led National Democratic Alliance (NDA) with 336 seats, securing a second five-year term, after a gruelling and staggered election that lasted more than five weeks, according to a comprehensive News18-Ipsos exit poll on Sunday. (stock image)
8. Artificial Intelligence For Corporate Affairs Ministry: Corporate affairs ministry plans to introduce artificial intelligence system in the MCA 21 portal as it seeks to make compliance process easier as well as ensure routine enforcement activities are done round-the-clock on autopilot basis. MCA 21 is the electronic backbone for the dissemination of information to all stakeholders, including the regulator, corporates and investors. All filings under the companies law are submitted to the ministry through this portal. (Image: Reuters)
8. Artificial Intelligence For Corporate Affairs Ministry: Corporate affairs ministry plans to introduce artificial intelligence system in the MCA 21 portal as it seeks to make compliance process easier as well as ensure routine enforcement activities are done round-the-clock on autopilot basis. MCA 21 is the electronic backbone for the dissemination of information to all stakeholders, including the regulator, corporates and investors. All filings under the companies law are submitted to the ministry through this portal. (Image: Reuters)
9. FPIs Outflow In May: Overseas investors have pulled out a net amount of Rs 6,399 crore from the Indian capital markets in May so far on the back of election-related uncertainty and the US-China trade tensions. Prior to this, foreign portfolio investors (FPI) were net buyers for three consecutive months. They had infused a net Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the domestic capital markets (both equity and debt). (Image: Reuters)
9. FPIs Outflow In May: Overseas investors have pulled out a net amount of Rs 6,399 crore from the Indian capital markets in May so far on the back of election-related uncertainty and the US-China trade tensions. Prior to this, foreign portfolio investors (FPI) were net buyers for three consecutive months. They had infused a net Rs 16,093 crore in April, Rs 45,981 crore in March and Rs 11,182 crore in February in the domestic capital markets (both equity and debt). (Image: Reuters)
10. PE Inflow In Indian Real Estate: Indian retail real estate sector attracted private equity investment worth $ 1.2 billion during 2017-18 calendar years, double from the previous two years, according to property consultant Anarock. From an investment of $ 600 million during 2015-2016 calendar years, private equity inflows in retail real estate jumped to over $ 1.2 billion between 2017 and 2018. (Image: Reuters)
10. PE Inflow In Indian Real Estate: Indian retail real estate sector attracted private equity investment worth $ 1.2 billion during 2017-18 calendar years, double from the previous two years, according to property consultant Anarock. From an investment of $ 600 million during 2015-2016 calendar years, private equity inflows in retail real estate jumped to over $ 1.2 billion between 2017 and 2018. (Image: Reuters)
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