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Here are the 10 things you should know before the opening bell

Here are the 10 things you should know before the opening bell

Here are the 10  things you should know before the opening bell
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By CNBC-TV18 Apr 10, 2018 8:44:36 AM IST (Updated)

The global markets gained in trade yesterday as the trade war fears eased.

The markets closed higher on Friday, in-line with its Asian peers. The NSE Nifty gained 48 points to close at  10,379, while the BSE Sensex moved 162 points higher to 33,789 points.

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The global markets gained in trade yesterday as the trade war fears eased.
Here's what you should know before the opening bell:
>The Wall Street initially recorded large intraday gains of 400 points. The gains, already showing a downward trend towards the close, retracted further when a daily reported that the FBI raided Michael Cohen, Trump’s personal lawyer's, residence.
> The Asian markets opened lower this morning in response to the volatile performance by the US markets. Japan's Nikkei recovered from lows but stays in the red.
> The Singapore's SGX Nifty is trading at levels around 10, 390 versus the Nifty April Future's Monday close of 10,391, indicating a flat opening for the markets today.
> Xi Jinping, China's President, at the Boao Forum asserted that China will implement major opening measures as soon as possible, in order to sharply widen market access.
>The Coalgate scam will undergo scrutinizing documents by investigative agencies.
> The new US sanctions imposed on major Russian businesses and their owners sent Russian stocks and the ruble, the country's currency, sharply down on Monday, exchange data showed.
India will shortly engage with the US on the issue of America's latest protectionist measures that have unfolded the prospects of an all-out global trade war with the potential to damage Indian exports, Commerce Minister Suresh Prabhu said on Monday.
>The combined effect of US President Donald Trump's tax cuts and last month's budget-busting spending bill is sending the federal deficit toward the $1 trillion mark next year, according to a new analysis by the Congressional Budget Office.
> Corporate earnings are lined up this week.
> Punjab National Bank (PNB) will take care of problems emanating from Rs 13,000-crore fraud perpetrated by billionaire jeweller Nirav Modi on its own and will not seek any government's assistance, its managing director Sunil Mehta said. The case has recently seen many developments with the CBI moving a plea to be allowed to go to the UK for further investigation.
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