The Indian market ended the day’s session on a positive note, snapping a three-day decline on Friday with the S&P BSE Sensex and Nifty reclaiming key levels of 60,000 and 18,000.  

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Ajit Mishra, VP - Research, Religare Broking Ltd said, “The markets recovered sharply and posted gains of over a percent, taking a breather after the recent dip. Positive global cues led to a gap up but profit-taking trimmed the gains in the initial hours.”  

The market analyst added that the tone gradually changed with healthy buying in heavyweights from the sectors such as IT, realty, and energy which supported the market to inch higher till the end.   

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According to Mishra, “Markets will first react to macro data in early trade on Monday. As the result season is almost behind us, the focus will shift back to global markets for cues. At the same time, traction in primary markets will keep investors busy.”  

“There are mixed sentiments in the markets, so we reiterate our cautious view on markets and let Nifty stabilise above 18,100 to change the bias.”  

Stay tuned to Zeebiz.com to find out what could impact your trade today. We have collated a list of top 10 news points which could impact markets, companies, or economy:      

Global Markets:  

The major Wall Street indices Dow Jones, Nasdaq Composite and S&P 500—all closed with good gains on Friday. Dow Jones closed at 36,100.31, up 179.08 points or 0.50%, Nasdaq Composite added 156.68 points or 1% to 15,860.96 and S&P also got stronger by 0.72% as it settled at 4,682.85, up 33.58 points 

Asian Markets:  

All major Asian markets started fresh day of the week in the green. Japanese Nikkei 225 was trading 158 points up to 29,769, Hang Sang Index at Hong Kong Exchange was also trading 0.43% higher to 25,437 and Shanghai Composite was trading marginally up with 4 points gains to 3543.  

SGX Nifty:  

SGX Nifty Futures was trading 69 points higher to 18,202.50 around 7.04 am IST, indicating a positive opening for the Indian markets  

Oil prices post third weekly drop after volatile week  

Oil prices fell on Friday, wiping out gains from the previous session, on worries that the U.S. Federal Reserve will accelerate plans to boost interest rates to tame inflation.  

Brent crude futures fell 70 cents, or 0.8%, to settle at $82.17 a barrel. U.S. West Texas Intermediate (WTI) crude fell 80 cents, or 1%, to settle at $80.79 a barrel.  

Both benchmarks fell for a third consecutive week, hit by a strengthening dollar and speculation that President Joe Biden`s administration might release oil from the U.S. Strategic Petroleum Reserve to cool prices. On a weekly basis, Brent fell 0.7%, while WTI declined 0.6%.  

Indian economy to grow at double-digits in FY22: CEA  

Indian economy is expected to see a double-digit growth in 2021-22 and between 6.5-7 per cent in the next financial year, outgoing chief economic advisor K V Subramanian said on Sunday.  

The CEA said that he does not expect commodity inflation will taper the V-shaped recovery going forward.  

"I expect India to grow at double-digit this year (FY22) and 6.5-7 per cent next year and over seven per cent and thereafter growth accelerating over seven per cent, Subramanian told PTI in an interview.  

Rupee gains 07 paise   

The rupee strengthened by 7 paise to close at 74.45 (provisional) against the US dollar on Friday, as a firm trend in domestic equities boosted investor sentiments. Besides, lower crude prices in the international market also supported the local unit, forex dealers said.  

At the interbank forex market, the local unit opened at 74.36 against the greenback and later settled at 74.45, higher by 7 paise over its previous close of 74.52. The local unit moved in a range of 74.36 to 74.54 in the day trade.  

On the domestic equity market front, the BSE Sensex ended 767.00 points or 1.28 percent higher at 60,686.69, while the broader NSE Nifty advanced 229.15 points or 1.28 percent at 18,102.75.  

Implementation of T+1 settlement cycle to protect investor interest in the long run: Sebi chief  

Sebi chief Ajay Tyagi on Sunday said the decision to implement T+1 settlement cycle in a phased manner beginning February 2022 will go a long way in protecting investors' interest.  

Apart from this, the capital markets regulator has taken a number of regulatory measures in the recent past towards investor protection, he said at a function at the India International Trade Fair. These measures included introduction of upfront margin framework, risk-o-meter, e-KYC and protection of client collateral through pledge-repledge mechanism, he added.  

"The decision to implement T+1(trade plus one) settlement in a phased manner beginning February 2022 will go a long way in protecting investors' interest," Tyagi said.  

FTAs with nations to help provide more mkt access to Indian goods: Goyal  

Talks for the proposed free trade agreements (FTAs) with countries, including Australia, the UK and the UAE, are moving at a fast pace and these pacts, when implemented, would help provide greater market access to domestic goods, Commerce and Industry Minister Piyush Goyal said on Sunday.  

Under a free trade agreement, two trading partners reduce or eliminate customs duties on the maximum number of goods traded between them. Besides, they liberalise norms to enhance trade in services and boost investments.  

Goyal said that talks for such pacts are going on with Australia, UAE, GCC (Gulf Cooperation Council), European Union, Israel and the UK.  

Member countries of GCC are Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and United Arab Emirates (UAE).   

FPIs remain net sellers in Nov at Rs 949 cr  

Foreign portfolio investors (FPIs) were net sellers in the Indian markets to the tune of Rs 949 crore in the first half of November.  

As per the depositories data, they pulled out Rs 4,694 crore from equities between November 1-12.  

At the same time, they pumped Rs 3,745 crore in the debt segment. This translated into total net withdrawal of Rs 949 crore. In October, FPIs remained net sellers at Rs 12,437 crore.  

FPIs have been worried about higher valuations of Indian equities, which continue to trade near all-time high levels, said Himanshu Srivastava, Associate Director - Manager Research, Morningstar India.  

FII & DII Data:  

Foreign portfolio investors (FPIs) remained net buyers for Rs 511.1 crore in the Indian markets, while Domestic Institutional Investors (DIIs) were net buyers to the tune of Rs 851.41 crore, provisional data showed on the NSE.  

Stocks under F&O ban on NSE    

Eight stocks: Punjab National Bank, Sun TV, Bank of Baroda, BHEL, Indiabulls Housing Finance, SAIL, National Aluminium and Escorts have been placed under the F&O ban on Monday. Securities in the ban period under the F&O segment include companies in which the security has crossed 95 percent of the market-wide position limit.  

(With inputs from PTI, Reuters and other agencies)  

(Disclaimer: The views/suggestions/advices expressed here in this article is solely by investment experts. Zee Business suggests its readers to consult with their investment advisers before making any financial decision.)