MarketBuzz

The Indian market is set for a positive start on Monday despite weak global cues as SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.34 percent at 10,867, indicating a positive opening for the Indian market.

The Indian market is set for a negative start ahead of the Reserve Bank of India board meeting later in the day. On Thursday, ministers, led by FM Arun Jaitley, attacked Urjit Patel on RBI functioning and termed the central bank's policies as "unreasonable".

On the global front, Asian shares were defensive on Friday as investors kept a wary eye on economic tensions between US and China.

At 07:26 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.39 percent at 10,784, indicating a negative opening for the Indian market.

The Indian market is set for a positive start on Thursday after the new Reserve Bank of India (RBI) governor Shaktikanta Das on Wednesday promised to uphold central bank's autonomy, credibility, and values.

The investors were also upbeat on positive macro cues after the consumer price index (CPI) inflation rate for November fell to a one-and-half year low of 2.33 percent against October’s 3.77 percent.

On global front, British Prime Minister Theresa May surviving a no-confidence vote came as a breather for global investors. Additionally, China appeared to be taking more steps to meet US demands to open its markets.

At 07:28 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.38 percent at 10,830, indicating positive in the Indian market.

The Indian market is set for a positive start after making a smart recovery in the previous session amid the assembly election counting.

Investors took note of the assembly poll outcome. The Congress won in the key states— Rajasthan, Chhattisgarh and Madhya Pradesh, though final numbers were not out yet. TRS won in Telangana and Mizo National Front (MNF) returned to power in Mizoram.

In another important development, the government on Tuesday appointed Shaktikanta Das as the new RBI governor for the next three years, after Urjit Patel abruptly resigned from his post on Monday.

At 07:40 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.06 percent at 10,606.50, indicating a recovery in the Indian market.

The Indian market is set for a negative start after Reserve Bank of India's (RBI) governor Urjit Patel tendered his resignation with immediate effect on Monday.

"Markets certainly will be concerned unless there is further clarification that comes through tonight," R Sivakumar, head of fixed income at Axis Mutual Fund, told Reuters.

Indian investors are also cautious ahead of the outcome of the assembly elections in the five major states — Rajasthan, Chattisgarh, Madhya Pradesh, Mizoram and Telangana — which is due Tuesday.

At 07:15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 1.51 percent at 10,359.00, indicating a negative opening for the Indian market.

The Indian market is set for a negative start on Monday, following its global peers as worries over US-China trade tensions battered investor sentiment.

The Indian investors are also cautious ahead of the election results outcome of the five major states — Chhattisgarh, Madhya Pradesh, Mizoram, Telangana and Rajasthan — on Tuesday.

At 07:23 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 1.17 percent at 10,632.00, indicating a negative opening for the Indian market.

The Indian market is likely to recover on Friday as its Asian peers tried to find their footing after the speculation that the Federal Reserve might be "one-and-done" with US rate hikes.

Global investors, however, remained concerned over Sino-US relations after the arrest of smartphone maker Huawei Technologies chief financial officer Meng Wanzhou, which threatened to chill talks on some form of trade truce.

At 07:13 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.61 percent at 10,689.00, indicating a recovery for the Indian market.

The Indian market is set for a negative opening on Thursday, taking cues from its Asian peers which traded lower on fears of further tension between the United States and China after Canadian authorities arrested a top executive of Chinese tech giant Huawei Technologies. The arrest is related to violations of US sanctions, a person familiar with the matter said.

Investor sentiment may remain largely mixed after the Reserve Bank of India (RBI) kept the key policy rates unchanged in its fifth bi-monthly policy announced on Wednesday.

At 07:10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.91 percent at 10,734.50, indicating a weak opening for the Indian market.

The Indian market is set for a weak opening on Wednesday, tracking mixed sentiment among investors ahead of the Reserve Bank of India (RBI) monetary policy meeting outcome.

According to a poll conducted by CNBC-TV18, the RBI will keep its repo rate unchanged at 6.50 percent in the upcoming policy.

At 07:05 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.53 percent at 10,855, indicating a weak opening for the Indian market.

The Indian market is set for a weak start on Tuesday, tracking its Asian peers as investors remain doubtful of the US-China trade war getting resolved before the 90-day deadline.

Investor sentiment remained mixed in India as the fifth Reserve Bank of India (RBI) Monetary Policy Committee meeting will start on Tuesday. According to a poll conducted by CNBC-TV18, the RBI will keep its repo rate unchanged at 6.50 percent in the upcoming policy.

At 07:15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.28 percent at 10,907.50, indicating a weak opening for the Indian market.