SGX Nifty futures point to positive start on D-Street: 10 things to know before opening bell
10 things to know before opening bell: Indian shares are set to start positive on Tuesday, June 27, 2023, tracking mixed moves across major markets around the globe. SGX Nifty futures, an early indicator of sentiment on the broader NSE index, suggests a positive start on Dalal Street.
10 things to know before opening bell: Indian shares are set to start positive on Tuesday, June 27, 2023, tracking mixed moves across major markets around the globe. SGX Nifty futures, an early indicator of sentiment on the broader NSE index, suggests a positive start on Dalal Street.
Here are the top 10 things you should know before the opening bell today:
SGX Nifty Futures: SGX Nifty futures — an early indicator of the Nifty index — were up 11 points or 0.06 per cent at 18,715 at the last count ahead of the opening bell on Dalal Street.
FII, DII flow: Foreign portfolio investors (FPIs) net sellers’ Indian shares worth Rs 409.43 crore on Monday whereas domestic institutional investors (DIIs) were net buyers to the tune of Rs 250.12 crore, according to provisional exchange data.
Wall Street: U.S. stocks closed lower on Monday, as investors were wary of betting on riskier assets before seeing the outcome of Russia's aborted weekend mutiny. The Dow Jones Industrial Average (.DJI) fell 12.72 points, or 0.04 per cent, to 33,714.71; the S&P 500 (.SPX) lost 19.51 points, or 0.45 per cent, at 4,328.82; and the Nasdaq Composite (.IXIC) dropped 156.74 points, or 1.16 per cent, to 13,335.78.
Crude oil: Oil prices rose slightly in choppy trading on Monday, as investors balanced concerns about global demand growth against upcoming supply disruptions that could be exacerbated by political instability in Russia. Brent crude futures rose 33 cents, or 0.5 per cent, to settle at $74.18 a barrel, while U.S. West Texas Intermediate (WTI) futures rose 21 cents, or 0.3 per cent, to settle at $69.37 a barrel.
Rupee closing: The Indian rupee was higher on Monday, helped by persistent equity inflows, but was not seen strengthening past an established resistance, traders said.
The rupee was quoted at 81.9525 to the U.S. dollar by 11:20 a.m. IST, up from 82.0350 in the previous session.
Asian markets: Asian markets on Tuesday are set to open on the defensive, pressured by worries over inflation and 'higher for longer' interest rates globally more than fallout from the brief uprising by Russian mercenaries against the Kremlin.
European share market: European shares inched lower on Monday, led by healthcare, while defence stocks fell after an aborted weekend mutiny in Russia. The pan-European STOXX 600 index (.STOXX) slipped 0.1 per cent as of 1600 GMT, extending losses for its sixth straight session.x
India VIX: India VIX rose 1.42 per cent to settle at 11.40 levels.
Gold prices: Gold prices on Monday firmed above last session’s more than three-month low, as concerns surrounding the political turmoil in Russia drove flows into safe-haven bullion, outweighing risks from the Federal Reserve’s hawkish outlook. Spot gold was up 0.3 per cent at $1,927.11 per ounce by 11:53 a.m. EDT (1553 GMT), while gold futures gained 0.4 per cent to $1,937.40.
Catch latest minute-by-minute stock market updates here. For all other news related to business, politics, tech, sports and auto, visit Zeebiz.com.
Get Latest Business News, Stock Market Updates and Videos; Check your tax outgo through Income Tax Calculator and save money through our Personal Finance coverage. Check Business Breaking News Live on Zee Business Twitter and Facebook. Subscribe on YouTube.