SGX Nifty futures point to positive start on D-Street: 5 things to know before opening bell

5 things to know before opening bell: Indian benchmark indices – NSE Nifty50 and BSE Sensex are set for a weaker start to the week tracking positive moves across major markets around the globe. SGX Nifty futures, an early indicator of sentiment on the broader NSE index, suggests a lower start on Monday, June 26 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 8.5 points or 0.05 per cent at 18,723.5 at the last count ahead of the opening bell on Dalal Street.

Crude oil: Oil prices rose in early Asian trade on Monday after a failed mutiny by Russian mercenaries over the weekend raised concerns about political instability in Russia and the potential impact on oil supply from one of the world's largest producers. Brent crude futures rose 95 cents, or 1.3 per cent, to $74.80 a barrel by 2300 GMT on Sunday. U.S. West Texas Intermediate (WTI) crude was at $70.04 a barrel, up 88 cents, or 1.3 per cent. 

FII, DII flow: Foreign portfolio investors (FPIs) net sellers’ Indian shares worth Rs 344.81 crore on Friday whereas domestic institutional investors (DIIs) were net buyers to the tune of Rs 684.01 crore, according to provisional exchange data.

Rupee closing: The Indian rupee declined on Friday, but performed better than the other Asian currencies, thanks to persistent foreign inflows into domestic equities, traders said. The rupee was at 82.0250 to the U.S. dollar by 11:28 a.m. IST, down from 81.95 in the previous session. The losses in the domestic unit paled in comparison to its Asian peers.

Tata Communications ex-date:  Shares of Tata Communications — telecommunications company — will trade ex-dividend on Monday, June 26. June 26 has also been fixed as the record date for the final dividend. The Tata Group company recommended a final dividend of Rs 21 per share of the face value of Rs 10 each for the financial year ended March 31, 2023.

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