From global cues to Q4 results, five things to know before market opens today

Key things to know before the Indian share market opens: Indian equity benchmarks Nifty 50 and Senesx are likely to open higher on Monday tracking positive moves across a majority of global markets, as strong macroeconomic data from the US supported optimism that the world's largest economy may avoid a widely-expected recession. 

Stay tuned to Zeebiz.com to learn about five key things that may impact your trade today:   

SGX Nifty futures 

Singapore Exchange (SGX) Nifty futures, an early indicator of the Nifty 50 index in India, rose 35.5 points or 0.20 per cent to 18,159.5 ahead of the opening bell on Dalal Street. 

Asian stocks 

Asian equities crept higher on Monday as investors braced for a week where US inflation data will test wagers the next move in interest rates will be down, while worries about a possible credit crunch weighed on the dollar. MSCI's broadest index of Asia Pacific shares outside Japan was up 0.7 per cent at the last count. 

Crude oil  

Oil prices rose slightly in early Asian trade on Monday as fears of a recession in the US began to recede. Brent crude futures were up by six cents at $75.4 a barrel. US West Texas Intermediate (WTI) crude futures were up by eight cents at $71.4. 

Forex market 

The rupee gained by 15 paise to 81.65 against the US dollar in early trade. 

Nifty50 fell sharply on Friday 

Indian equity benchmarks Nifty 50 and Sensex suffered steep losses on Friday amid selling pressure in financial, IT and metal shares, though buying interest in FMCG counters lent some support. Globally, the mood remained sombre amid concerns about the health of the US banking space and any possible spillover to the rest of the world. 

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