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

Updated : January 31, 2019 07:50 AM IST

Indian shares are set to open higher on Thursday, tracking Asian peers, after the US Federal Reserve signaled a pause in interest rate hikes. However, investors may remain cautious ahead of Friday's interim budget. At 07:10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up by 0.59 percent at 10,699, pointing to a positive start for the Sensex and the Nifty 50.

1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan rose to its highest since October 4 and was last up 0.4 percent. Japan's Nikkei rose 1.4 percent. Australian stocks added 0.4 percent, while South Korea's KOSPI advanced 0.7 percent.  (Image Source: Reuters/Caption Credits: Reuters)
1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan rose to its highest since October 4 and was last up 0.4 percent. Japan's Nikkei rose 1.4 percent. Australian stocks added 0.4 percent, while South Korea's KOSPI advanced 0.7 percent.  (Image Source: Reuters/Caption Credits: Reuters)
2. US: The Dow Jones Industrial Average rose 434.9 points, or 1.77 percent, to 25,014.86. The S&P 500 gained 41.05 points, or 1.55 percent, to 2,681.05, and the Nasdaq Composite added 154.79 points, or 2.2 percent, to 7,183.08.  (Image Source: Reuters/Caption Credits: Reuters)
2. US: The Dow Jones Industrial Average rose 434.9 points, or 1.77 percent, to 25,014.86. The S&P 500 gained 41.05 points, or 1.55 percent, to 2,681.05, and the Nasdaq Composite added 154.79 points, or 2.2 percent, to 7,183.08.  (Image Source: Reuters/Caption Credits: Reuters)
3. Markets At Close On Wednesday: Indian benchmark indexes, the BSE Sensex and the NSE Nifty50 ended Wednesday's choppy session on a flat note, settling a tad lower. At the close, the Sensex was down 1.25 points at 35,591.25, while the Nifty was down 0.40 points at 10,651.80. Investor sentiments cautious ahead of Friday's interim budget and other major global cues such as US Federal Reserve rate decision and US-China trade talks. (Image Source: Stock Image)
3. Markets At Close On Wednesday: Indian benchmark indexes, the BSE Sensex and the NSE Nifty50 ended Wednesday's choppy session on a flat note, settling a tad lower. At the close, the Sensex was down 1.25 points at 35,591.25, while the Nifty was down 0.40 points at 10,651.80. Investor sentiments cautious ahead of Friday's interim budget and other major global cues such as US Federal Reserve rate decision and US-China trade talks. (Image Source: Stock Image)
4. Crude Oil prices: US WTI crude futures were at $54.41 per barrel at 0052 GMT, up 19 cents from their last settlement. WTI futures closed 1.7 percent up on Wednesday, when prices touched their highest since November 21 at $54.93 a barrel. International Brent crude oil futures had yet to trade, after closing up 2.2 percent in the previous session.  (Image Source: Reuters/Caption Credits: Reuters)
4. Crude Oil prices: US WTI crude futures were at $54.41 per barrel at 0052 GMT, up 19 cents from their last settlement. WTI futures closed 1.7 percent up on Wednesday, when prices touched their highest since November 21 at $54.93 a barrel. International Brent crude oil futures had yet to trade, after closing up 2.2 percent in the previous session.  (Image Source: Reuters/Caption Credits: Reuters)
5. Rupee: The rupee closed at 71.12, down by 1 paise against the dollar on Wednesday. (Image Source: Stock Image)
5. Rupee: The rupee closed at 71.12, down by 1 paise against the dollar on Wednesday. (Image Source: Stock Image)
6. Dollar: The Dollar Index against a basket of six major currencies struggled near a three-week low of 95.253 brushed on Wednesday, when it had sunk 0.5 percent. The greenback was down 0.1 percent at 108.96 yen and close to a two-week low of 108.81 reached overnight.  (Image Source: Reuters/Caption Credits: Reuters)
6. Dollar: The Dollar Index against a basket of six major currencies struggled near a three-week low of 95.253 brushed on Wednesday, when it had sunk 0.5 percent. The greenback was down 0.1 percent at 108.96 yen and close to a two-week low of 108.81 reached overnight.  (Image Source: Reuters/Caption Credits: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 130 crore while domestic institutional investors (DIIs) bought shares worth Rs 502 crore in the Indian equity market on January 30. (Image Source: Getty Images)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 130 crore while domestic institutional investors (DIIs) bought shares worth Rs 502 crore in the Indian equity market on January 30. (Image Source: Getty Images)
8. US Federal Reserve: The Federal Reserve on Wednesday signalled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the US economy due to global headwinds and impasses over trade and government budget negotiations. As it held interest rates steady, the US central bank also discarded its promises of
8. US Federal Reserve: The Federal Reserve on Wednesday signalled its three-year-drive to tighten monetary policy may be at an end amid a suddenly cloudy outlook for the US economy due to global headwinds and impasses over trade and government budget negotiations. As it held interest rates steady, the US central bank also discarded its promises of "further gradual increases" in interest rates, and said it would be "patient" before making any further moves. (Image Source: Reuters/Caption Credits: Reuters)
9. Budget 2019: Interim finance minister Piyush Goyal on February 1  will present Narendra Modi government's sixth and final Budget, which will be an interim one, keeping up with established tradition. Official sources said the Budget documents will contain revenue and expenditure projections for the entire 2019-20 fiscal year beginning April 1, but a 'Vote on Account' will seek Parliament nod for the expenditure side, reported IANS. (Image Source: PTI)
9. Budget 2019: Interim finance minister Piyush Goyal on February 1  will present Narendra Modi government's sixth and final Budget, which will be an interim one, keeping up with established tradition. Official sources said the Budget documents will contain revenue and expenditure projections for the entire 2019-20 fiscal year beginning April 1, but a 'Vote on Account' will seek Parliament nod for the expenditure side, reported IANS. (Image Source: PTI)
10. Fiscal Target for FY19: Taking a contrary stance from peers, the economists at SBI Research see the government meeting the fiscal targets this year and the same is likely to pegged at Rs 6.72 lakh crore or 3.2 percent of GDP next fiscal year, assuming a moderate nominal GDP growth of 11.7 percent, reported PTI. (Image Source: Stock Image)
10. Fiscal Target for FY19: Taking a contrary stance from peers, the economists at SBI Research see the government meeting the fiscal targets this year and the same is likely to pegged at Rs 6.72 lakh crore or 3.2 percent of GDP next fiscal year, assuming a moderate nominal GDP growth of 11.7 percent, reported PTI. (Image Source: Stock Image)
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