Motilal Oswal
  • SENSEX
    NIFTY 50
Motilal Oswal
Bonds

10 things you need to know before the opening bell on April 25

Updated : 2019-04-25 07:50:28

The Indian stock market is set for a weak start on Thursday ahead of the April F&O expiry as well as a slip in the early Asian trades. Asian shares fell after a surprise deterioration in German business morale rekindled fears of slowing global growth.

Oil prices fell as record US output and rising crude stockpiles dampened the impact on markets of tighter US sanctions on Iran and producer club OPEC's continued curbs on supply.

On Wednesday, The BSE Sensex settled at 39,054, up 490 points, while the broader NSE Nifty50 ended at 11,726, adding 150 points.

At 07:00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.23 percent at 11,709.50, indicating a weak start for the Sensex and Nifty.

1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 percent, while Japan's Nikkei average edged up 0.3 percent to 22,264.81 points. (Image: Reuters)
1. Asia: MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.2 percent, while Japan's Nikkei average edged up 0.3 percent to 22,264.81 points. (Image: Reuters)
2. US: The Dow Jones Industrial Average fell 59.34 points, or 0.22 percent, to 26,597.05, the S&P 500 lost 6.43 points, or 0.22 percent, to 2,927.25 and the Nasdaq Composite dropped 18.81 points, or 0.23 percent, to 8,102.02. The S&P 500, closing roughly 0.5 percent below its intraday record high hit in late September, has rallied about 17 percent year-to-date. It has been supported by a dovish Federal Reserve, hopes of a US-China trade deal and largely upbeat earnings. (Image: Reuters)
2. US: The Dow Jones Industrial Average fell 59.34 points, or 0.22 percent, to 26,597.05, the S&P 500 lost 6.43 points, or 0.22 percent, to 2,927.25 and the Nasdaq Composite dropped 18.81 points, or 0.23 percent, to 8,102.02. The S&P 500, closing roughly 0.5 percent below its intraday record high hit in late September, has rallied about 17 percent year-to-date. It has been supported by a dovish Federal Reserve, hopes of a US-China trade deal and largely upbeat earnings. (Image: Reuters)
3. Markets At Close On Wednesday: The Indian market ended higher on Wednesday, snapping a three-day losing streak, helped by banking, energy and IT stocks ahead of April F&O expiry. The BSE Sensex settled at 39,054, up 490 points, while the broader NSE Nifty50 ended at 11,726, adding 150 points. Nifty Midcap gained 0.8 percent while Nifty Smallcap rose 0.7 percent. (Image: Reuters)
3. Markets At Close On Wednesday: The Indian market ended higher on Wednesday, snapping a three-day losing streak, helped by banking, energy and IT stocks ahead of April F&O expiry. The BSE Sensex settled at 39,054, up 490 points, while the broader NSE Nifty50 ended at 11,726, adding 150 points. Nifty Midcap gained 0.8 percent while Nifty Smallcap rose 0.7 percent. (Image: Reuters)
4. Crude Oil: Brent crude futures were at $74.35 per barrel at 0037 GMT, down 22 cents, or 0.3 percent, from their last close. US West Texas Intermediate (WTI) crude futures were at $65.60 per barrel, down 29 cents, or 0.4 percent, from their previous settlement. Crude futures rose to 2019 highs earlier in the week after the United States said on Monday it would end all exemptions for sanctions against Iran, demanding countries halt oil imports from Tehran from May or face punitive action from Washington. (Image: Reuters)
4. Crude Oil: Brent crude futures were at $74.35 per barrel at 0037 GMT, down 22 cents, or 0.3 percent, from their last close. US West Texas Intermediate (WTI) crude futures were at $65.60 per barrel, down 29 cents, or 0.4 percent, from their previous settlement. Crude futures rose to 2019 highs earlier in the week after the United States said on Monday it would end all exemptions for sanctions against Iran, demanding countries halt oil imports from Tehran from May or face punitive action from Washington. (Image: Reuters)
5. Rupee: The rupee closed at 69.87, down 25 paise against the US dollar on Wednesday. (Image: Reuters)
5. Rupee: The rupee closed at 69.87, down 25 paise against the US dollar on Wednesday. (Image: Reuters)
6. US Dollar: In the currency market, the dollar index, which measures the greenback versus a basket of six major rivals, rose to as high as 98.189 overnight, its highest level since May 2017. The index was last quoted at 98.133. (Image: Reuters)
6. US Dollar: In the currency market, the dollar index, which measures the greenback versus a basket of six major rivals, rose to as high as 98.189 overnight, its highest level since May 2017. The index was last quoted at 98.133. (Image: Reuters)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 975 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 657 crore on April 24. (Image: Stock Image)
7. FIIs & DIIs: Foreign institutional investors (FIIs) bought shares worth Rs 975 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 657 crore on April 24. (Image: Stock Image)
8. RBI: Even as its petition is pending at the National Company Law Tribunal (NCLAT) seeking review of the ban on banks classifying the IL&Fs accounts as non-performing assets (NPAs), the Reserve Bank of India (RBI) on Wednesday directed lenders to disclose their exposure to the bankrupt infra lender in their forthcoming earnings announcements. (Image: Reuters)
8. RBI: Even as its petition is pending at the National Company Law Tribunal (NCLAT) seeking review of the ban on banks classifying the IL&Fs accounts as non-performing assets (NPAs), the Reserve Bank of India (RBI) on Wednesday directed lenders to disclose their exposure to the bankrupt infra lender in their forthcoming earnings announcements. (Image: Reuters)
9. US Treasury Bonds: US Treasury yields fell across maturities on Wednesday as investors piled into the safe-haven asset after a slew of weak international economic data. A sharp slowdown in Australian inflation also lifted bond prices, while Premier Li Keqiang in China said authorities should not underestimate the difficulties in the Chinese economy, adding to concerns about global demand. However, the US yield curve steepened to its widest level since November at one time on Wednesday, in an expression of bullish sentiment. (Image: Reuters)
9. US Treasury Bonds: US Treasury yields fell across maturities on Wednesday as investors piled into the safe-haven asset after a slew of weak international economic data. A sharp slowdown in Australian inflation also lifted bond prices, while Premier Li Keqiang in China said authorities should not underestimate the difficulties in the Chinese economy, adding to concerns about global demand. However, the US yield curve steepened to its widest level since November at one time on Wednesday, in an expression of bullish sentiment. (Image: Reuters)
10. Government To Clamp Down Illicit Fund Raising Activities: The ministry of corporate affairs plans to start gathering
10. Government To Clamp Down Illicit Fund Raising Activities: The ministry of corporate affairs plans to start gathering "primary data" from persons who have put in their money in chit funds and deposit-taking schemes, an official said Tuesday, amid continuing efforts to clamp down on illicit fundraising activities. The Investor Education and Protection Fund (IEPF) Authority, under the ministry, would seek information from investors, including proof of investment and identity details.  (Image: Stock Image)
Live TV

Ask Our Experts CNBC TV18