MarketBuzz

Indian shares looked set for a positive start on Tuesday, in line with modest recovery seen in Asian equities, although increasing tensions between Saudi Arabia and the West coupled with higher crude oil prices are likely to limit gains.

At 07.15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.17 percent to 10,536, indicating a mildly positive opening for the Indian market today.

Indian shares are likely to open lower on Monday, tracking weak Asian equities as worries over Sino-US trade disputes and higher US borrowing costs are likely to weigh on investors' sentiment.

At 07.00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.14 percent to 10,464, indicating a weak opening for the Indian market today.

Indian equity market looked set for a mildly positive start on Friday after the benchmark index Sensex erased all gains of 2018 in the previous session following a selloff in global stocks.

At 07.15 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.25 percent to 10,307, indicating a positive opening for the Indian market today.

Indian shares are set to open lower on Thursday, tracking weak sentiment across Asia after Wall Street suffered its worst drubbing in eight months as technology shares tumbled.

At 07.06 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 1.98 percent to 10,272, indicating a weaker opening for the Indian market today.

Indian shares are set to open higher on Wednesday after a selloff in the previous session, but the investors' sentiment are likely to remain subdued on worries about global economic growth.

At 07.00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.31 percent to 10,343, indicating a slightly weaker opening for the Indian market today.

Indian shares are likely to open little changed on Tuesday after closing higher in the previous session amid muted global global cues.

At 07.10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, eased 0.08 percent to 10,375, indicating a weaker opening for the markets today.

Indian shares are likely to open lower on Monday, tracking negative cues from Asian after China's central bank cut banks’ reserve requirements in a bid to support growth.

Investors' sentiment are likely to remain muted amid continued weakness in rupee coupled with hawkish comments from US Federal Reserve officials that bolstered the case of further US rate hikes.

The rupee hit 74 against the US dollar on Friday after the Reserve Bank of India kept the key policy rates unchanged in the October bi-monthly monetary policy meet.

Indian shares are likely to open weak on Friday, tracking sluggish Asian equities after the US stocks fell to a three-week low amid the surge in bond yields.

The SGX Nifty, an early indicator of the Indian equity market, has indicated a weak start as well. The NSE Nifty has seen its largest decline in absolute points since August 24, 2015.

The BSE Sensex and NSE’s Nifty 50 plunged over 2 percent on Thursday following a massive sell-off in oil refiners after the government asked the companies to absorb Rs 1 cut on fuel prices.

Investors remain jittery ahead of the Reserve Bank of India monetary policy outcome as a hike in the key policy repo rate is expected.

Indian equity market is likely to open weak on Thursday, tracking weakness in Asian shares coupled with macro-economic concerns back home due to weakening rupee and steady fund outflows.

The Indian market looked set to open positive on Wednesday, maintaining the previous session's recovery, but trading is likely to be cautious ahead of the Reserve Bank of India's monetary policy review later this week.

At 7:25 AM, the SGX Nifty was trading at 10,994 levels as against its low of 10,960, indicating a mildly positive start for the market.

Investor sentiment were weighed down by rising crude oil prices, falling rupee and the ongoing US-China trade skirmish.