MarketBuzz

Indian shares are likely to open flat on Friday amid cautious trades in Asia over US-China trade tensions despite a record rally in US stocks.

The S&P 500 hit an all-time high over hopes of further rate cuts by the Federal Reserve this year. Investors now await further progress on talks between the United States and China ahead of a meeting of the two leaders at the G20 summit in Japan on June 28-29.

At 7.15 AM, the SGX Nifty futures traded 0.2 percent lower at 11,863, indicating a flat start for the Sensex and the Nifty 50.

Indian shares are likely to open in the green on Thursday following dovish monetary policy outlook from the US Federal Reserve in line with market expectations.

The US central bank kept interest rates unchanged and signalled possible rate cuts this year. Asian shares traded marginally higher on Fed decision and hopes for positive US-China trade talks in the upcoming G20 meeting. Indian benchmark indices BSE Sensex and NSE’s Nifty 50 ended marginally higher after a volatile session on Wednesday.

At 7.02 AM, the SGX Nifty futures traded 28 points or 0.24 percent higher at 11,746.50, pointing to a positive start for the Sensex and the Nifty 50.

Indian benchmark indices BSE Sensex and NSE's Nifty 50 are set for a strong start on Wednesday, in line with positive trades in global markets over hopes of dovish stance from the US Federal Reserve.

Sentiment in the global equity markets turned positive after European Central Bank's President Mario Draghi said that the ECB will ease policy again if inflation fails to accelerate.

Markets also received an extra boost from confirmation that US President Donald Trump would meet China's president to talk about trade. Indian markets in the previous session settled higher, snapping a four-day losing streak.

At 07:00 AM, the SGX Nifty futures traded 0.50 percent higher at 11,771, indicating a positive start for the Sensex and the Nifty 50.

Indian shares are likely to open in green on Tuesday after a massive selloff in the previous session on fear of a trade dispute between US and India.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 plunged over 1 percent after India announced retaliatory tariffs on US goods.

Meanwhile, Asian shares traded mixed ahead of the US Federal Reserve’s interest rate decision on June 19.

Oil prices declined as concerns over economic growth overshadowed geopolitical tensions in the Middle East.

At 07:00 AM, the SGX Nifty futures traded 0.22 percent higher at 11,724, indicating a positive start for the Sensex and the Nifty 50. 

India shares are set for a muted start on Monday as concerns of rising oil prices and delayed monsoon weigh on the economy.

Moreover, markets sentiment also turned cautious after India has decision to hike tariffs on 29 US products from June 16 in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products.

Asian shares also traded flat ahead of the monetary policy decision of the US Federal Reserve on June 19.

At 7.25 AM, the SGX Nifty futures traded 0.01 percent lower at 11,830, indicating a flat start for the Sensex and the Nifty 50.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are set for a negative start following rising global geopolitical tensions and amid concerns over liquidity situation at the non-banking financial companies.

The Sensex ended 15 points lower at 39,741, while the broader Nifty50 index added 8 points to end at 11,914.

Asian markets remained little changed, while US stocks advanced on rising oil prices following attacks on tankers in the Gulf of Oman.

On the macro front, India’s Wholesale Price Index-based inflation data will be released today after 12 PM.

At 7.10 AM, the SGX Nifty futures traded 23 points, or 0.19 percent, lower at 11,897, indicating a negative start for the Sensex and the Nifty 50.

Stocks to watch: HDFC, Reliance Capital, HDFC AMC in focus.

Indian benchmark indices are likely to open weak on Thursday, tracking sluggish Asian markets. In Asia, stocks fell over uncertainties about US-China trade negotiations, while oil prices plunged 4 percent following higher US crude inventories.

Back home, India’s retail inflation rose to a seven-month high in May to 3.05 percent, still below the Reserve Bank of India’s target of 4 percent, giving it room for further rate cuts.

On Wednesday, the BSE Sensex ended 193 points lower at 39,756.81, while the NSE Nifty50 shed 59 points to settle at 11,906.

At 7.40 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, fell 19 points, or 0.16 percent, at 11,906, indicating a weak start for the Sensex and the Nifty 50.

Stocks to watch: Tata Motors, PFC, Sintex Industries, Jet Airways in focus.

Indian benchmark indices are set for a mixed start on Wednesday ahead of retail inflation and industrial production data due to be released later in the day.

According to a Reuters poll, India’s retail inflation rate rose to 3.01 percent in May from a year earlier, up from 2.92 percent in April.

Asian shares also trade cautious over concerns of US-China trade relations and ahead of key economic data from China.

Indian benchmark indices settled with gains in the previous session led by metal stocks. The Sensex ended 166 points higher at 39,950, while the broader Nifty50 index added 43 points to end at 11,966.

At 7.05 AM, an early indicator of the Nifty 50's trend in India, traded 9 points lower, or 0.08 percent down at 11,972, indicating a muted start for the Sensex and the Nifty 50.

Indian benchmark indices are likely to open little changed on Tuesday, tracking muted trades in global markets. Asian shares traded marginally higher as investors turned hopeful of further progress on US-China trade talks after Donald Trump inked trade deal with Mexico.

In India, traders await retail inflation and industrial production data due to be released this week for cues about the health of Indian economy. 

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 closed marginally higher in the previous session led by IT stocks. The Sensex ended 169 points higher at 39,784, while the broader Nifty50 index added 52 points to end at 11,923.

At 7.45 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India,  traded 18 points higher at 11,959.50, indicating a flat start for the Sensex and the Nifty 50.

Stocks to watch: DHFL, MindTree, Jet Airways in focus.

Indian benchmark indices BSE Sensex and NSE's Nifty 50 are set for a strong start on Monday following gains in global markets after the US and Mexico agreed to end their trade dispute. Moreover, week US jobs data on Friday raised prospects of an interest rate cut by the US Federal Reserve. 

Meanwhile, the Reserve Bank on Friday issued its much-awaited revised circular for resolving stressed assets, offering lenders a 30-day period to label an account an NPA, among other provisions. Investors in India will await key inflation and manufacturing data due to be released this week. 

At 7.05 AM, the SGX Nifty futures traded 53 points, or 0.45 percent, higher at 11,950, indicating a positive start for the Sensex and the Nifty 50.