10 things you need to know before the opening bell

SUMMARY

Indian shares are set to open lower on Tuesday, tracking its Asian peers, with investors looking to a new round of Sino-US trade talks as the world’s two largest economies try to resolve a tariff dispute that has put a dent on global growth and corporate earnings. At 07:12 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.07 percent at 10,923, indicating a weak start for the Sensex and the Nifty.

By CNBC-TV18Feb 12, 2019 7:22:41 AM IST (Published)

1. Asia:MSCI’s broadest index of Asia-Pacific shares outside Japan was unchanged in early trade. Japan’s Nikkei was up 1.1 percent after a market holiday on Monday.

2. US: The Dow Jones Industrial Average fell 53.22 points, or 0.21 percent, to 25,053.11, the S&P 500 gained 1.92 points, or 0.07 percent, to 2,709.8 and the Nasdaq Composite added 9.71 points, or 0.13 percent, to 7,307.91.

3. Markets At Close On Monday:Indian shares fell on Monday, dragged by declines in energy stocks including index-heavyweight Reliance Industries, as investors fretted over global uncertainties and lacklustre quarterly earnings. Benchmark indexes, however, recovered from the day's lows. The BSE Sensex settled 0.41 percent lower at 36,395.03. The Nifty 50 declined 0.50 percent to 10,888.8. The Nifty MidCap ended 1.67 percent lower, sharply under-performing its frontline peers.

4, Crude Oil Prices: US WTI crude oil futures were at $52.60 per barrel at 0043 GMT, up 19 cents, or 0.4 percent, from their last close. International Brent crude futures had yet to trade.

5. Rupee: The rupee closed at 71.17, up by 14 paise against the dollar on Monday.

6. Dollar:The dollar’s index rose to its highest levels in almost three months to 971.123 on Monday. It last stood at 97.062.The dollar popped up to a six-week high of 110.51 yen.

7. FIIs& DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 125 crore on a net basis, while domestic institutional investors (DIIs) sold shares worth Rs 233 crore on February 11.

8. Interest Rates on EPF: Retirement fund body EPFO is likely to retain the interest rate on employees' provident fund at 8.55 percent rate for the 2018-19 fiscal for its more than six crore subscribers, reported PTI, citing a highly-placed source.

9. Markets regulator Sebi on Monday granted relaxation to non-residents such as NRI, PIOs, and foreign nationals from furnishing a copy of PAN card and allowed them to transfer equity shares held by them to their immediate relatives. However, the relaxations are subject to certain conditions, Sebi said in a circular.

10. Brexit: British departure from the European Union without a deal could put 600,000 jobs around the world at risk, with Germany the hardest hit, a study published on Monday found, reported Reuters.