GIFT Nifty futures hint at a positive start on D-Street: 10 things to know before opening bell
10 things to know before opening bell, 10 things to know before market opens: Indian benchmark indices - NSE Nifty50 and BSE Sensex are set for a positive start to the week tracking mixed moves across major global markets.
10 things to know before opening bell, 10 things to know before market opens: Indian benchmark indices – NSE Nifty50 and BSE Sensex are set for a positive start to the week tracking mixed moves across major global markets. GIFT Exchange Nifty futures suggest a positive start on Monday, July 3 on Dalal Street.
Here are the top 10 things you should know before the opening bell today:
GIFT Nifty futures: GIFT Nifty futures were up 35 points or 0.18 per cent at 19,380 at the last count ahead of the opening bell on Dalal Street.
Wall Street: Wall Street's three major indexes advanced solidly on Friday, with the tech-heavy Nasdaq boasting its biggest first-half gain in 40 years as inflation showed signs of cooling while Apple closed with a $3 trillion market valuation for the first time. The Dow Jones Industrial Average (.DJI) rose 285.18 points, or 0.84 per cent, to 34,407.6, the S&P 500 (.SPX) gained 53.94 points, or 1.23 per cent, to 4,450.38 and the Nasdaq Composite (.IXIC) added 196.59 points, or 1.45 per cent, to 13,787.92. The Nasdaq registered its strongest first-half performance in 40 years with a more than 31 per cent gain. The Nasdaq 100 index (.NDX) of top technology stocks boasted its biggest first half gain on record, adding around 39 per cent.
Asian shares: Asia gets the new quarter underway with a sense of optimism and momentum buoying world markets on the back of surprisingly strong U.S. economic data and a growing belief that risky assets can withstand 'higher for longer' global interest rates.
Rupee closing: The Indian rupee was little changed on Friday, but ended the month of June with its highest gains since January, on the back of strong foreign fund inflows into equity markets. The rupee ended at 82.0375 per dollar, compared to its close of 82.0550 in the previous session. On the month, the rupee rose 0.77 per cent, highest since a 1.19 per cent appreciation in January.
(This story will be updated shortly.)
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