Indian equity benchmarks – Nifty50 and Sensex – are expected to start Friday’s session on a higher note, as indicated by Singapore Exchange (SGX) Nifty futures, on the back of largely positive moves across other major markets across the globe. After the Reserve Bank of India on Thursday kept the repo rate unchanged, the focus now shifts to upcoming domestic and US inflation data and Fed policy.

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Stay tuned on Zeebiz.com to find out what could impact your trade today. We have collated a list of the top 10 things to know that could impact the market:

  • SGX Nifty futures: SGX Nifty futures — an early indicator of the Nifty index — were up 88.5 points or 0.48 per cent at 18,717 at the last count ahead of the opening bell on Dalal Street.
  • Asian markets: Equities in other major Asian markets began the day on a positive note. Japan’s Nikkei 225 gained nearly 2 per cent, Hong Kong’s Hang Seng was flat with a negative bias, China’s Shanghai Composite was also flat with a positive bias and South Korea’s KOSPI was up around 1 per cent.
  • Wall Street: Overnight in the US, the three main equity indices closed higher on Thursday regaining some of their momentum thanks to a rebound by technology stocks, while volatility dropped to record lows ahead of an eventful economic and policy calendar next week.
  • Rupee vs dollar: The rupee appreciated by 1 paisa to close at 82.51 against the US dollar on Thursday, after the Reserve Bank kept the key interest rate unchanged.
  • Dollar index: The US The dollar fell on Thursday after data showed that U.S. jobless claims rose more than expected in the latest week, though the market was generally viewed as consolidating ahead of key inflation data and the Federal Reserve’s interest rate decision next week.
  • Crude oil: Crude oil prices settled lower on Thursday but rebounded from earlier losses after the U.S. and Iran both denied a report that they were close to a nuclear deal.
  • IKIO Lighting IPO: The Initial Public Offering (IPO) of LED lighting solution provider IKIO Lighting was subscribed 66.29 times on the last day of subscription on Thursday. The Rs 606.5-crore IPO received bids for 1,00,92,76,892 shares against 1,52,24,074 shares on offer, according to NSE data.
  • Monsoon Updates: Monsoon rain reached the coast of India's southernmost Kerala state on Thursday, offering relief to farmers after a delay of more than a week, marking its latest arrival in four years.
  • May fuel consumption soars: India's fuel consumption surged in May with diesel sales scaling a record high, buoyed by strong factory activity in the third-largest oil consumer in the world.
  • FII, DII flow: Foreign portfolio investors (FPIs) net purchased Indian shares worth Rs 212.40 crore on Thursday whereas domestic institutional investors (DIIs) were net sellers to the tune of Rs 405.01 crore, according to provisional exchange data.

(With inputs from agencies)