Here is what happened in the world while you were sleeping
Alright, let us prep you quickly with everything that you should know before the market opens.
The Indian market is likely to open little changed on Monday in line with global markets and in absence of major cues.
US markets: Wall Street's main stock indexes closed at record levels on Friday, fueled by fresh optimism over a potential calming of U.S.-China trade tensions and by big gains in shares of healthcare companies.
Oil: Oil prices gained on Friday after OPEC's forecast for oil demand next year fuelled hopes that the producer group and allies will maintain supply cuts when they meet to discuss policy on output next month.
Here is a list of some of our late evening breaks you may have missed.
1. Nirmala Sitharaman on telecom sector stress: Don't want any company to shut operations
Finance Minister Nirmala Sitharaman on Friday reacted to reports of stress in the telecom sector and said "We want no company to shut their operations. We want everyone to flourish."
Two major telecom companies — Vodafone India and Airtel — have posted a combined quarterly loss of about Rs 74,000 crore as they were hit by statutory dues after the recent Supreme Court ruling on AGR.
2. As market soars to new highs and economy sinks to fresh lows, what should investors do?
It's a classic conundrum. The stock market is looking bullish while the real economy is slowing down sharply. What should an investor do? Is the stock market telling us that the economy is about to revive? Or will the economy have the last word?
The benchmark Nifty remains around 1.5 percent, or around 200 points, away from all-time highs. The Sensex has already raced past its previous highs. Meanwhile, economic growth remains weak and is projected to get weaker. September industrial production numbers have fallen 4 percent from a year ago (IP has actually missed expectations sharply for two months now).