financetom
Market
financetom
/
Market
/
May 14: Here's what you should know before the opening bell
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
May 14: Here's what you should know before the opening bell
May 13, 2018 11:00 PM

The Indian market closed at over three-month high on Friday, due to major gains in heavyweight stocks such as HDFC, HDFC Bank, Reliance, ITC and ICICI Bank and backed by strong global cues.

Share Market Live

NSE

The BSE Sensex and the NSE Nifty gained 1% each with the Nifty closing at 10,807 and the Sensex at 35,536.

Here's what you should know before the opening bell

Industrial output grew by 4.4% in March, the slowest in five months, due to a fall in capital goods production and deceleration in mining activity, according to the official data.

Rising global crude oil prices and consistent outflow of foreign funds from the Indian equity market is expected to further weaken the Indian rupee, an official said on Sunday.

US President Donald Trump said in a tweet on Sunday that he has asked the Commerce Department to help Chinese technology company ZTE Corp "get back into business, fast," a concession to Beijing ahead of high-stakes trade talks that will take place this week.

The Reserve Bank of India (RBI) failed to sell all the debt it offered to bidders at an auction for the fourth week in a row on Friday, raising concerns the government may have to pay investors much more to complete this year's borrowing programme.

Reliance Jio on Thursday announced its first-ever postpaid offer “hello-postpaid,” at a price of Rs 199 per month which led to the dip in telco stocks in Friday's trade.

The tax department will seek share purchase agreement fromFlipkart on the mega $ 16 billion buyout by US retail giant Walmart to assess the tax liability and also to find out whether the GAAR provisions can be invoked, an official said.

Countries that continue to deal with Iran could face American sanctions, the Trump administration said today, days after it announced its decision to withdraw from the Iranian nuclear deal.

After Dena Bank, the Reserve Bank now is likely to impose certain restrictions on a couple of more public sector lenders under the Prompt Corrective Action (PCA) mechanism due to worsening asset quality, a source said.

Hindustan Unilever, Dr Lal PathLabs, Bombay Dyeing, Blue Star, among others will declare their quarterly earnings today.

Disclosure: RIL, the promoter of Reliance Jio, also controls Network18, the parent company of CNBCTV18.com.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Roblox, Morgan Stanley And 2 Other Stocks Insiders Are Selling
Roblox, Morgan Stanley And 2 Other Stocks Insiders Are Selling
Jul 29, 2024
The Nasdaq 100 closed higher by over 1% during Friday's session. Investors, meanwhile, focused on some notable insider trades. When insiders sell shares, it could be a preplanned sale, or could indicate their concern in the company's prospects or that they view the stock as being overpriced. Insider sales should not be taken as the only indicator for making an...
Big Tech Earnings Loom as US Equity Futures Rise Pre-Bell
Big Tech Earnings Loom as US Equity Futures Rise Pre-Bell
Jul 29, 2024
08:09 AM EDT, 07/29/2024 (MT Newswires) -- US equity futures were higher pre-bell Monday as traders looked ahead to another batch of quarterly updates from Corporate America, including those from major technology firms. The Dow Jones Industrial Average futures gained 0.3%, S&P 500 futures increased 0.4% and Nasdaq futures were up 0.7%. Amazon ( AMZN ) , Apple ( AAPL...
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Big Tech Earnings
Exchange-Traded Funds, Equity Futures Higher Pre-Bell Monday Ahead of Big Tech Earnings
Jul 29, 2024
08:30 AM EDT, 07/29/2024 (MT Newswires) -- The broad market exchange-traded fund SPDR S&P 500 ETF Trust ( SPY ) was up 0.4% and the actively traded Invesco QQQ Trust (QQQ) was 0.7% higher in Monday's premarket activity, ahead of earnings reports from big tech names this week. US stock futures were also higher, with S&P 500 Index futures up...
Sector Update: Tech
Sector Update: Tech
Jul 29, 2024
08:49 AM EDT, 07/29/2024 (MT Newswires) -- Technology stocks rose in Monday's premarket hours as the SPDR S&P Semiconductor ETF (XSD) was up 0.4% and the Technology Select Sector SPDR Fund (XLK) was 1.1% higher recently. ON Semiconductor (ON) advanced by over 7% after it reported lower Q2 non-GAAP earnings and revenue that still topped forecasts from analysts polled by...
Copyright 2023-2026 - www.financetom.com All Rights Reserved