The Indian market is likely to have a mixed start on Tuesday tracking subdued Asian markets as an unexpected drop in China's exports heightened worries about the global economy.

Share Market Live

NSE

At 07:00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.36 percent at 10,808, indicating a tepid start for the Indian market.

Here is what you need to know before the market opens

:

Asia: MSCI's broadest index of Asia-Pacific shares outside Japan was almost flat in early trade while Japan's Nikkei fell 0.7 percent after a market holiday on Monday.

US: The Dow Jones Industrial Average fell 86.11 points, or 0.36 percent, to 23,909.84, the S&P 500 lost 13.65 points, or 0.53 percent, to 2,582.61 and the Nasdaq Composite dropped 65.56 points, or 0.94 percent, to 6,905.92.

Market at close on Monday: Benchmark indices closed lower on Monday dragged by financials, particularly ICICI Bank and HDFC Bank. The Sensex shed more than 150 points, while the Nifty settled lower below 10,750.

Oil Prices: US West Texas Intermediate (WTI) crude futures were at $50.78 per barrel at 0041 GMT, up 27 cents, or 0.5 percent, from their last settlement. International Brent crude oil futures were at $59.64 per barrel at 0257 GMT, up 65 cents, or 1.1 percent, from their last close.

Rupee: The rupee closed at 70.93, up by 45 paise against the dollar on Monday.

Dollar: The euro traded at $1.1469, consolidating after hitting a 12-week high of $1.1570 touched on Thursday. The dollar stood little changed at 108.16 yen.

FIIs & DIIs: Foreign institutional investors (FIIs) sold shares worth Rs 732 crore while domestic institutional investors (DIIs) bought shares worth Rs 527 crore in the Indian equity market on January 14.

Inflation Data: Retail inflation plunged to a 18-month low in December 2018 at 2.19 percent, mainly on account of decline in prices of food items such as vegetables, eggs and pulses. While the wholesale inflation fell to 3.80 percent in December 2018 as against 4.64 percent in November 2018, helped by a smaller increase in food and fuel prices, government data showed on Monday.

Loans On Electronic Manufacturing: The government is considering credit guarantee for term loans of up to Rs 100 crore as well as interest subsidy on loans up to Rs 1,000 crore for electronic manufacturing companies under the new policy in works. According to official sources, the Ministry of Electronics and IT has proposed "credit guarantee fund" (CGF) scheme and "interest subvention scheme" (ISS) to boost electronics manufacturing ecosystem in the country under new National Policy on Electronics in works.

India Business Optimism Index: Fuelled by global economic slowdown led by the US-China trade war as well as a plethora of domestic issues plaguing the country such as an unevenly distributed monsoon, continued farmer protests, loan waivers, subdued new investments, and fears of fiscal slippage, the business optimism index fell to 7.2 percent in the Q1 2019, according to Dun & Bradstreet, a data analytics firm. According to the report, the business optimism index was at 73.8 during the first quarter of 2019.

(With inputs from agencies)

Also, catch all the action and updates in our Market Live blog.

First Published:Jan 15, 2019 7:20 AM IST