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June 18: Here's what you should know before the opening bell
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June 18: Here's what you should know before the opening bell
Jun 17, 2018 11:07 PM

BSE Sensex, on Friday, closed with a gain of 23 points at 35,622, while the Nifty held 10,800 levels to end Friday's session 10 points in the green at 10,818.

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NSE

Besides IT stocks, Reliance, Sun Pharma, Cipla and HUL were other major Index gainers.

Here's what you should know before the opening bell

India has now submitted a revised list of 30 items — including motorcycle, certain iron and steel goods, boric acid and lentils — to the WTO on which it proposes to raise customs duty by up to 50 percent.

Banks Board Bureau, the advisory body formed by the government for selection of candidates for top level board appointment, has recommended 22 general managers to be elevated as executive directors at the various public sector banks.

The fuel prices in Mumbai are unchanged with the petrol price pegged at Rs 84.18 per litre and the diesel price at Rs 72.13 per litre.

Sebi has shared its findings of 14,720 entities that indulged in non-genuine trades through illiquid stock options with the Income Tax Department and the Ministry of Corporate Affairs, according to a senior official.

Oil prices fell further on Monday, pulled down by an expectation that producer club OPEC and its allies will increase supplies. Brent crude futures LCOc1, the international benchmark for oil prices, were at $73.05 per barrel at 0036 GMT, down 39 cents, or 0.5 percent, from their last close.

The US dollar ended higher against the rupee at Rs 68.01 per dollar and the pound sterling finished higher at Rs 90.23 at the close of the Interbank Foreign Exchange (forex) market.

High oil prices widenedIndia's May trade deficit even as exports rose by 20.18 percent to $28.86 billion from $24.01 billion worth of merchandise shipped out during the corresponding month of last year.

Japan’s exports rose in May at the fastest rate in four months thanks to increased shipments of cars, car parts, and semiconductor equipment, a sign that global demand is gaining strength.

TheReserve Bank of India has eased investment norms for foreign portfolio investors (FPIs) in debt, especially into individual large corporates, a move that can help attract more overseas flows and thereby help arrest the recent fall in the rupee on one hand and also lift the recent fall in demand for corporate bonds.

The Singapore Exchange (SGX) on Saturday said a court-appointed arbitrator had allowed it to continue listing and trading of SGX Nifty contracts beyond August 2018, during dispute resolution with India's National Stock Exchange (NSE).

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