Indian market likely will start on a positive note on Thursday although global cues are mixed amid lingering trade war concerns and emerging market currencies turmoil. The Singapore-traded SGX Nifty traded 0.37 percent higher, indicating a green opening for Indian equities today,.
NSE
Here is what you need to know before the share market opens today:
Asia: Stocks were down for the sixth straight day on Thursday. MSCI's broadest index of Asia-Pacific shares outside Japan eased 0.26 percent to hit its lowest since mid-August. Japan's Nikkei slipped 0.58 percent while Australian shares fell 0.95 percent.
US: Overnight on Wall Street, the S&P 500 lost 0.3 percent and the Nasdaq Composite slipped 1.2 percent. The Dow Jones Industrial Average was a rare bright spot, up 0.1 percent.
Dollar: The dollar index against a basket of six major currencies stood at 95.034, down 0.15 percent after shedding nearly 0.3 percent overnight when it was nudged away from a two-week high of 95.737. The U.S. currency dipped 0.15 percent to 111.37 yen.
Crude oil prices: US crude eased 21 cents to $68.51 a barrel while Brent was last down 24 cents at $77.03.
Market at close: The BSE Sensex closed lower by 139.61 points, or 0.37 percent, to 38,018.31, while the Nifty 50 fell 43.35 points, or 0.38 percent, to close at 11,476.95.
Rupee: The Indian rupee closed at 71.75 on Wednesday. This is the sixth consecutive session when the currency fell. Finance Minister Arun Jaitley Wednesday attributed the fall in rupee to global factors and stressed that the domestic unit was better off as compared to other currencies.
FII & DII data: Foreign institutional investors (FIIs) sold shares worth Rs 383.67 crore while domestic institutional investors bought shares worth Rs 176.95 crore in the Indian equity market on Wednesday.
SEBI on KYC requirements for FPIs: Amid concerns among some foreign portfolio investor (FPI) groups, Sebi on Wednesday said it will review the proposed new norms for foreign investors and take a holistic view after taking into account views of all stakeholders, including the government.
Delhi super-specialty hospitals under scanner: The Competition Commission of India (CCI) has widened the scope of investigation by the Director General in the matter related to alleged unfair pricing by super-specialty hospitals in and around Delhi.
OVL overseas listing: CNBCTV18 reports that ONGC Videsh listing should happen after the Mozambique gas project starts.
First Published:Sept 6, 2018 7:33 AM IST