TNS MARKET ROUNDUP: Stocks, Rupee ended down on outflows, Bonds up
MUMBAI, Feb 11 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Friday on aggressive FII selling resulting from mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank. The 30-share Sensex closed 773.11 points or 1.31% lower at 58,152.92 on the BSE, while the 50-stock Nifty losses 231.10 points or 1.31% to close at 17,374.75 on the NSE.
***
EUROPEAN STOCKS:
European markets pulled back on Friday after a hotter-than-expected U.S. inflation print and hawkish remarks from a Federal Reserve official cemented expectations of more aggressive interest rate hikes, CNBC reported on Friday.
US stock futures were lower in early morning trading Friday after a sharp Thursday sell-off on Wall Street spurred by the hottest inflation reading in four decades.
***
RUPEE:
The Indian currency ended down on Friday tracking weak local stock indices, strong dollar index post upbeat US inflation figures and the global risk-averse market.
Rupee in spot market ended at Rs 75.37/$1 compared with Rs 75.38/$1 at open Friday and Rs 74.93/$1 at close on Thursday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Friday as some exporters covered their open dollar position taking advantage of spike in spot pair.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.83%, compared with 4.13% at the previous close.
***
GILTS:
Government bond prices ended up on Friday on speculation the government may cancel one or two of the auctions left in the current fiscal year, given the excess surplus cash with the government.
The 6.54%-2032 bond ended at Rs 98.8600 or 6.6981% yield compared with Rs 98.4000 or 6.7630% yield at open on Friday and Rs 98.6700 or 6.7248% yield at close on Thursday.
***
CRUDE OIL:
Brent crude oil futures traded at $91.93 a barrel at 4:30PM IST on Friday.
(End)
MUMBAI, Feb 11 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Friday on aggressive FII selling resulting from mounting concerns of surging US inflation which fuelled fears of a hawkish rate hike by the central bank. The 30-share Sensex closed 773.11 points or 1.31% lower at 58,152.92 on the BSE, while the 50-stock Nifty losses 231.10 points or 1.31% to close at 17,374.75 on the NSE.
***
EUROPEAN STOCKS:
European markets pulled back on Friday after a hotter-than-expected U.S. inflation print and hawkish remarks from a Federal Reserve official cemented expectations of more aggressive interest rate hikes, CNBC reported on Friday.
US stock futures were lower in early morning trading Friday after a sharp Thursday sell-off on Wall Street spurred by the hottest inflation reading in four decades.
***
RUPEE:
The Indian currency ended down on Friday tracking weak local stock indices, strong dollar index post upbeat US inflation figures and the global risk-averse market.
Rupee in spot market ended at Rs 75.37/$1 compared with Rs 75.38/$1 at open Friday and Rs 74.93/$1 at close on Thursday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Friday as some exporters covered their open dollar position taking advantage of spike in spot pair.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.83%, compared with 4.13% at the previous close.
***
GILTS:
Government bond prices ended up on Friday on speculation the government may cancel one or two of the auctions left in the current fiscal year, given the excess surplus cash with the government.
The 6.54%-2032 bond ended at Rs 98.8600 or 6.6981% yield compared with Rs 98.4000 or 6.7630% yield at open on Friday and Rs 98.6700 or 6.7248% yield at close on Thursday.
***
CRUDE OIL:
Brent crude oil futures traded at $91.93 a barrel at 4:30PM IST on Friday.
(End)
TNS INDIA TODAY - What Markets Will Watch and Why - Feb 14
LOCAL EVENTS:
12:00 PM –- FM Nirmala Sitharaman press conference after RBI central board
meeting.
12 PM -- Government to release January wholesale price inflation data.
5:30 PM -- Government to release January consumer price inflation data.
***
MINT ROAD:
10:30AM-11:00AM –- RBI to auction 4 day reverse repo worth Rs 2 lakh cr
5:30PM -- RBI to announce details of weekly bond auction
***
US STOCKS:
Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the US Federal Reserve in response to decades-high inflation.
At close, Dow Jones Industrial Average fell 1.43% to 34,738.06, the S&P 500 lost 1.9% to 4,418.64 and the Nasdaq Composite dropped 2.78%, to 13,791.15.
***
ASIAN STOCKS:
Asian shares slipped on Monday as warnings Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro. The cautious mood saw MSCI's broadest index of Asia-Pacific shares outside Japan drop 0.2%, while Japan's Nikkei lost 2.1%.
The Nifty futures were trading down 116.45 points at 17,144.80 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
MONDAY
-- Germany -- German Buba Monthly Report
(End)
LOCAL EVENTS:
12:00 PM –- FM Nirmala Sitharaman press conference after RBI central board
meeting.
12 PM -- Government to release January wholesale price inflation data.
5:30 PM -- Government to release January consumer price inflation data.
***
MINT ROAD:
10:30AM-11:00AM –- RBI to auction 4 day reverse repo worth Rs 2 lakh cr
5:30PM -- RBI to announce details of weekly bond auction
***
US STOCKS:
Global shares dropped on Friday on rising worries over escalating Ukraine-Russia tensions and the prospect of a tightened interest rate hike timeline from the US Federal Reserve in response to decades-high inflation.
At close, Dow Jones Industrial Average fell 1.43% to 34,738.06, the S&P 500 lost 1.9% to 4,418.64 and the Nasdaq Composite dropped 2.78%, to 13,791.15.
***
ASIAN STOCKS:
Asian shares slipped on Monday as warnings Russia could invade Ukraine at any time sent oil prices to seven-year peaks, boosted bonds and belted the euro. The cautious mood saw MSCI's broadest index of Asia-Pacific shares outside Japan drop 0.2%, while Japan's Nikkei lost 2.1%.
The Nifty futures were trading down 116.45 points at 17,144.80 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
MONDAY
-- Germany -- German Buba Monthly Report
(End)
TNS MARKET ROUNDUP: Stocks, Rupee, Bond end down on Russia-Ukraine conflict
MUMBAI, Feb 14 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Monday on global sell-off due to geopolitical tension between Russia and the West over Ukrain. BSE Midcap and Smallcap indices lost 3-4 percent. The 30-share Sensex closed 1747.08 points or 3.00% lower at 56,405.84 on the BSE, while the 50-stock Nifty losses 531.95 points or 3.06% to close at 16,842.80 on the NSE.
***
EUROPEAN STOCKS:
European markets pulled back sharply on Monday as investors continued to track tensions in Ukraine and remarks from U.S. Federal Reserve officials about the interest rate outlook, CNBC reported on Monday.
US stock futures were lower early Monday morning as investors continued to monitor the developing tensions between Ukraine and Russia and potential Fed rate hikes.
***
RUPEE:
The Indian currency ended down Monday as dollar strengthened on safe haven bids followed by spike in oil prices on fears of a possible war between Ukraine and Russia. The fear of war also caused FPIs to pullout of riskier emerging markets like India.
Rupee in spot market ended at Rs 75.59/$1 compared with Rs 75.53/$1 at open Monday and Rs 75.37/$1 at close on Friday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Monday as exporters sold their dollar holding in forward market taking advantage of spot pair surging over Rs 75.60 dealers said.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.76%, compared with 3.83% at the previous close
***
GILTS:
Government bond prices ended up on Monday after government data showed easing WPI in January that raised expectations the central bank would continue loose policy for extend period to support growth. Supporting this was the easing in oil prices during Asian trade.
The 6.54%-2032 bond ended at Rs 99.0750 or 6.6680% yield compared with Rs 98.9000 or 6.6925% yield at open on Monday and Rs 98.8600 or 6.6981% yield at close on Friday.
***
CRUDE OIL:
Brent crude oil futures traded at $94.49 a barrel at 4:15PM IST on Monday.
(End)
MUMBAI, Feb 14 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Monday on global sell-off due to geopolitical tension between Russia and the West over Ukrain. BSE Midcap and Smallcap indices lost 3-4 percent. The 30-share Sensex closed 1747.08 points or 3.00% lower at 56,405.84 on the BSE, while the 50-stock Nifty losses 531.95 points or 3.06% to close at 16,842.80 on the NSE.
***
EUROPEAN STOCKS:
European markets pulled back sharply on Monday as investors continued to track tensions in Ukraine and remarks from U.S. Federal Reserve officials about the interest rate outlook, CNBC reported on Monday.
US stock futures were lower early Monday morning as investors continued to monitor the developing tensions between Ukraine and Russia and potential Fed rate hikes.
***
RUPEE:
The Indian currency ended down Monday as dollar strengthened on safe haven bids followed by spike in oil prices on fears of a possible war between Ukraine and Russia. The fear of war also caused FPIs to pullout of riskier emerging markets like India.
Rupee in spot market ended at Rs 75.59/$1 compared with Rs 75.53/$1 at open Monday and Rs 75.37/$1 at close on Friday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Monday as exporters sold their dollar holding in forward market taking advantage of spot pair surging over Rs 75.60 dealers said.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.76%, compared with 3.83% at the previous close
***
GILTS:
Government bond prices ended up on Monday after government data showed easing WPI in January that raised expectations the central bank would continue loose policy for extend period to support growth. Supporting this was the easing in oil prices during Asian trade.
The 6.54%-2032 bond ended at Rs 99.0750 or 6.6680% yield compared with Rs 98.9000 or 6.6925% yield at open on Monday and Rs 98.8600 or 6.6981% yield at close on Friday.
***
CRUDE OIL:
Brent crude oil futures traded at $94.49 a barrel at 4:15PM IST on Monday.
(End)
TNS MARKET ROUNDUP: Stocks, Rupee end up on easing Russian-Ukraine tension; Bonds fall on profit booking
MUMBAI, Feb 15 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended with gains of over 3% on Tuesday as investors used the correction seen in past two trading days to their advantage thereby triggering short covering amidst encouraging export data for January. The massive pullback rally was led by auto, bank, realty, capital goods, PSU bank, IT and FMCG. BSE midcap and smallcap indices rose 2% each. Globally to risk appetite improved on reports Russian troops were pulling back to base. The 30-share Sensex closed 1736.21 points or 3.08% lower at 58,142.05 on the BSE, while the 50-stock Nifty lost 509.65 points or 3.03% to close at 17,352.45 on the NSE.
***
EUROPEAN STOCKS:
European markets opened slightly higher on Tuesday after Russia's defence ministry was quoted as saying that some troops adjacent to Ukraine are returning to their bases. Investor risk appetite had already improved slightly on Monday when Russian Foreign Minister Sergei Lavrov suggested that Moscow should continue along the diplomatic path to resolve the tensions. The MSCI world equity index, which tracks shares in 50 countries, was up 0.2% on the day, its first gain after three consecutive days of drops of more than 0.9%. The STOXX 600 was up around 1.1% on the day.
U.S. stock futures traded higher in early pre-market trade after a Russian news agency reported that some Russian troops are heading back to base after exercise.
***
RUPEE:
The Indian currency ended up on Tuesday on easing Russia-Ukraine tension which led to easing in dollar demand as risk appetite across the globe improved, dealers said.
Rupee in spot market ended at Rs 75.33/$1 Tuesday compared to previous close of Rs 75.59/$1 Monday
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended higher on Tuesday as some importers hedged their future payables taking advantage of appreciation in rupee, dealers said.
On annualised basis, premium on one year exact month dollar/rupee contract ended at 3.85% on Tuesday versus 3.76% at close on Monday.
***
GILTS:
Government bond prices ended down on Tuesday on profit booking by traders including selling by mutual funds and public sector banks. The uptick in US Treasury yields and high oil prices too supported the selling in the local debt.
The 6.54%-2032 gilt ended at Rs 99.04 or 6.6729% yield compared with Rs 99.35 or 6.6295% yield at open Tuesday and Rs 99.0750 or 6.6680% yield at close on Monday.
***
CRUDE OIL:
Brent crude oil futures traded at $93.97 a barrel at 4:15PM IST on Tuesday.
(End)
MUMBAI, Feb 15 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended with gains of over 3% on Tuesday as investors used the correction seen in past two trading days to their advantage thereby triggering short covering amidst encouraging export data for January. The massive pullback rally was led by auto, bank, realty, capital goods, PSU bank, IT and FMCG. BSE midcap and smallcap indices rose 2% each. Globally to risk appetite improved on reports Russian troops were pulling back to base. The 30-share Sensex closed 1736.21 points or 3.08% lower at 58,142.05 on the BSE, while the 50-stock Nifty lost 509.65 points or 3.03% to close at 17,352.45 on the NSE.
***
EUROPEAN STOCKS:
European markets opened slightly higher on Tuesday after Russia's defence ministry was quoted as saying that some troops adjacent to Ukraine are returning to their bases. Investor risk appetite had already improved slightly on Monday when Russian Foreign Minister Sergei Lavrov suggested that Moscow should continue along the diplomatic path to resolve the tensions. The MSCI world equity index, which tracks shares in 50 countries, was up 0.2% on the day, its first gain after three consecutive days of drops of more than 0.9%. The STOXX 600 was up around 1.1% on the day.
U.S. stock futures traded higher in early pre-market trade after a Russian news agency reported that some Russian troops are heading back to base after exercise.
***
RUPEE:
The Indian currency ended up on Tuesday on easing Russia-Ukraine tension which led to easing in dollar demand as risk appetite across the globe improved, dealers said.
Rupee in spot market ended at Rs 75.33/$1 Tuesday compared to previous close of Rs 75.59/$1 Monday
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended higher on Tuesday as some importers hedged their future payables taking advantage of appreciation in rupee, dealers said.
On annualised basis, premium on one year exact month dollar/rupee contract ended at 3.85% on Tuesday versus 3.76% at close on Monday.
***
GILTS:
Government bond prices ended down on Tuesday on profit booking by traders including selling by mutual funds and public sector banks. The uptick in US Treasury yields and high oil prices too supported the selling in the local debt.
The 6.54%-2032 gilt ended at Rs 99.04 or 6.6729% yield compared with Rs 99.35 or 6.6295% yield at open Tuesday and Rs 99.0750 or 6.6680% yield at close on Monday.
***
CRUDE OIL:
Brent crude oil futures traded at $93.97 a barrel at 4:15PM IST on Tuesday.
(End)
TNS INDIA TODAY - What Markets Will Watch and Why - Feb 17
LOCAL EVENTS:
10:00 AM -- Power Minister R.K. Singh, Finance Ministry Revenue Department
Additional Commissioner Ruchin Gupta, Tata Power Chief
Executive and MD Praveer Sinha and other corporate executives
at ETEnergyworld.com event on solar power.
-- Software industry officials at NASSCOM Technology and
Leadership forum.
11:00 AM -- Niti Aayog Member V.K. Saraswat, Science & Technology Ministry
Secretary Srivari Chandrasekhar at industry body CII webinar on
sustainable future.
12:00 PM -- World Bank India Country Director Junaid Kamal Ahmad at TERI
World Sustainable Development summit.
***
MINT ROAD:
--- No Major Events ---
***
US STOCKS:
Wall Street bounced off session lows Wednesday with the S&P 500 crossing into positive territory by the closing bell after the US Federal Reserve released meeting minutes, which said that while the central bank intends to begin raising interest rates to combat inflation, its decisions would be made on a meeting-by-meeting basis.
At close, Dow Jones Industrial Average fell 0.16% to 34,934.27, the S&P 500 gained 0.09% to 4,475.01 and the Nasdaq Composite added 0.11%, to 14,124.10.
***
ASIAN STOCKS:
Asia-Pacific shares were mixed in Thursday trade as investors continue to monitor the situation surrounding Ukraine. The Nikkei 225 in Japan declined 0.36% in morning trade while the Topix index shed 0.42%.
The Nifty futures were trading up 8.50 points at 17,385.00 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
THURSDAY
5:20 AM -- Japan -- Merchandise Trade Balance Total(Jan)
5:30 AM -- Singapore -- Gross Domestic Product (YoY)(Q4)
6:00 AM -- Australia -- Employment Change s.a.(Jan)
-- Unemployment Rate s.a.(Jan)
12:30 PM -- EMU -- ECB's Schnabel speech
2:30 PM -- Italy -- Global Trade Balance(Dec)
-- Trade Balance EU(Dec)
2:30 PM -- EMU -- Economic Bulletin
7:00 PM -- US -- Housing Starts Change(Jan)
-- Initial Jobless Claims 4-week
average(Feb 11)
-- Philadelphia Fed Manufacturing
Survey(Feb)
7:30 PM -- EMU -- ECB's Lane speech
9:00 PM -- US -- EIA Natural Gas Storage Change(Feb 11)
(End)
LOCAL EVENTS:
10:00 AM -- Power Minister R.K. Singh, Finance Ministry Revenue Department
Additional Commissioner Ruchin Gupta, Tata Power Chief
Executive and MD Praveer Sinha and other corporate executives
at ETEnergyworld.com event on solar power.
-- Software industry officials at NASSCOM Technology and
Leadership forum.
11:00 AM -- Niti Aayog Member V.K. Saraswat, Science & Technology Ministry
Secretary Srivari Chandrasekhar at industry body CII webinar on
sustainable future.
12:00 PM -- World Bank India Country Director Junaid Kamal Ahmad at TERI
World Sustainable Development summit.
***
MINT ROAD:
--- No Major Events ---
***
US STOCKS:
Wall Street bounced off session lows Wednesday with the S&P 500 crossing into positive territory by the closing bell after the US Federal Reserve released meeting minutes, which said that while the central bank intends to begin raising interest rates to combat inflation, its decisions would be made on a meeting-by-meeting basis.
At close, Dow Jones Industrial Average fell 0.16% to 34,934.27, the S&P 500 gained 0.09% to 4,475.01 and the Nasdaq Composite added 0.11%, to 14,124.10.
***
ASIAN STOCKS:
Asia-Pacific shares were mixed in Thursday trade as investors continue to monitor the situation surrounding Ukraine. The Nikkei 225 in Japan declined 0.36% in morning trade while the Topix index shed 0.42%.
The Nifty futures were trading up 8.50 points at 17,385.00 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
THURSDAY
5:20 AM -- Japan -- Merchandise Trade Balance Total(Jan)
5:30 AM -- Singapore -- Gross Domestic Product (YoY)(Q4)
6:00 AM -- Australia -- Employment Change s.a.(Jan)
-- Unemployment Rate s.a.(Jan)
12:30 PM -- EMU -- ECB's Schnabel speech
2:30 PM -- Italy -- Global Trade Balance(Dec)
-- Trade Balance EU(Dec)
2:30 PM -- EMU -- Economic Bulletin
7:00 PM -- US -- Housing Starts Change(Jan)
-- Initial Jobless Claims 4-week
average(Feb 11)
-- Philadelphia Fed Manufacturing
Survey(Feb)
7:30 PM -- EMU -- ECB's Lane speech
9:00 PM -- US -- EIA Natural Gas Storage Change(Feb 11)
(End)
TNS MARKET ROUNDUP: Stocks, Rupee end down on renewed fear of Russia-Ukrain conflict; Bond up
MUMBAI, Feb 17 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Thursday, amid a mixed trend in global markets after Fed minutes showed policymakers are in favour of faster rate hikes to tame inflation. Investors globally remained cautious on news updates on the Ukraine-Russia conflict. The 30-share Sensex closed 104.67 points or 0.18% lower at 57,892.01 on the BSE, while the 50-stock Nifty losses 17.60 points or 0.1% to close at 17,304.60 on the NSE.
***
EUROPEAN STOCKS:
European stocks were mixed on Thursday as investors continued to monitor geopolitical tensions in Eastern Europe, while digesting a slew of corporate earnings reports, CNBC reported on Thursday.
US stock futures dipped in early morning trading Thursday as investors digested corporate earnings reports, and any fresh updates from the Federal Reserve and Russia-Ukraine conflict.
***
RUPEE:
The Indian currency ended down Tuesday tracking weak stock indices and recovering dollar during Asian trade on changing state of affairs in Russia-Ukraine conflict.
Rupee in spot market ended at Rs 75.10/$1 compared with Rs 75.15/$1 at open Thursday and Rs 75.07/$1 at close on Wednesday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended up on Thursday as some banks paid in forward fearing further rise in the spot USD/INR.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.99%, compared with 3.97% at the previous close.
***
GILTS:
Government bond prices ended up on Thursday tracking the fall in US Treasury yields and oil prices, currently trading near $93 a barrel. Markets today was reacting to the less-than-expected hawkish minutes from the Federal Reserve January meeting. Further, Indian bond prices were also supported on talk the Reserve Bank of India may cancel its next week’s bond auction as government possesses excess cash
The 6.54%-2032 bond ended at Rs 99.0300 or 6.6743% yield compared with Rs 99.0800 or 6.6672% yield at open on Thursday and Rs 98.9500 or 6.6855% yield at close on Wednesday.
***
CRUDE OIL:
Brent crude oil futures traded at $92.66 a barrel at 4:20PM IST on Thursday.
(End)
MUMBAI, Feb 17 (TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Thursday, amid a mixed trend in global markets after Fed minutes showed policymakers are in favour of faster rate hikes to tame inflation. Investors globally remained cautious on news updates on the Ukraine-Russia conflict. The 30-share Sensex closed 104.67 points or 0.18% lower at 57,892.01 on the BSE, while the 50-stock Nifty losses 17.60 points or 0.1% to close at 17,304.60 on the NSE.
***
EUROPEAN STOCKS:
European stocks were mixed on Thursday as investors continued to monitor geopolitical tensions in Eastern Europe, while digesting a slew of corporate earnings reports, CNBC reported on Thursday.
US stock futures dipped in early morning trading Thursday as investors digested corporate earnings reports, and any fresh updates from the Federal Reserve and Russia-Ukraine conflict.
***
RUPEE:
The Indian currency ended down Tuesday tracking weak stock indices and recovering dollar during Asian trade on changing state of affairs in Russia-Ukraine conflict.
Rupee in spot market ended at Rs 75.10/$1 compared with Rs 75.15/$1 at open Thursday and Rs 75.07/$1 at close on Wednesday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended up on Thursday as some banks paid in forward fearing further rise in the spot USD/INR.
On annualised basis, premium on one-year exact-month dollar/rupee contract ended at 3.99%, compared with 3.97% at the previous close.
***
GILTS:
Government bond prices ended up on Thursday tracking the fall in US Treasury yields and oil prices, currently trading near $93 a barrel. Markets today was reacting to the less-than-expected hawkish minutes from the Federal Reserve January meeting. Further, Indian bond prices were also supported on talk the Reserve Bank of India may cancel its next week’s bond auction as government possesses excess cash
The 6.54%-2032 bond ended at Rs 99.0300 or 6.6743% yield compared with Rs 99.0800 or 6.6672% yield at open on Thursday and Rs 98.9500 or 6.6855% yield at close on Wednesday.
***
CRUDE OIL:
Brent crude oil futures traded at $92.66 a barrel at 4:20PM IST on Thursday.
(End)
TNS INDIA TODAY - What Markets Will Watch and Why - Feb 18
LOCAL EVENTS:
10:00 AM -- NASSCOM Technology and Leadership forum.
4:30 PM -- PM Narendra Modi to launch two railway lines in Maharashtra.
5:00 PM -- RBI to release weekly foreign exchange data.
7:30 PM -- Commerce Minister Piyush Goyal briefs media after signing the
India-UAE Comprehensive Economic Cooperation and Partnership
agreement.
***
MINT ROAD:
10:30AM-11:00AM -– RBI to auction 7 day reverse repo worth Rs 3 lakh cr
***
US STOCKS:
US stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors and safe havens such as bonds and gold as geopolitical tensions between Washington and Russia over Ukraine flared.
At close, Dow Jones Industrial Average fell 1.78% to 34,312.03, the S&P 500 lost 2.12% to 4,380.26 and Nasdaq Composite dropped 2.88%, to 13,716.72.
***
ASIAN STOCKS:
Asian markets slipped on Friday and gold stood at an eight-month high after an exchange of fire in eastern Ukraine and renewed US warnings of an imminent Russian invasion had investors looking for safety ahead of the weekend.
The Nifty futures were trading up 39.75 points at 17,260.50 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
FRIDAY
5:00 AM -- Japan -- National Consumer Price Index (YoY)(Jan)
12:00 PM -- France -- ILO Unemployment(Q4)
12:30 PM -- UK -- Retail Sales (YoY)(Jan)
1:15 PM -- France -- Consumer Price Index (EU norm)
(YoY)(Jan)
2:30 PM -- EMU -- Current Account s.a(Nov)
3:30 PM -- EMU -- Construction Output w.d.a (YoY)(Dec)
6:30 PM -- EMU -- ECB's Elderson speech
8:30 PM -- US -- Existing Home Sales (MoM)(Jan)
8:30 PM -- EMU -- Consumer Confidence(Feb) PREL
9:30 PM -- US -- Fed Monetary Policy Report
11:30 PM -- US -- Baker Hughes US Oil Rig Count
(End)
LOCAL EVENTS:
10:00 AM -- NASSCOM Technology and Leadership forum.
4:30 PM -- PM Narendra Modi to launch two railway lines in Maharashtra.
5:00 PM -- RBI to release weekly foreign exchange data.
7:30 PM -- Commerce Minister Piyush Goyal briefs media after signing the
India-UAE Comprehensive Economic Cooperation and Partnership
agreement.
***
MINT ROAD:
10:30AM-11:00AM -– RBI to auction 7 day reverse repo worth Rs 3 lakh cr
***
US STOCKS:
US stocks slid on Thursday, with the S&P 500 marking its biggest daily percentage drop in two weeks, as investors shifted to defensive sectors and safe havens such as bonds and gold as geopolitical tensions between Washington and Russia over Ukraine flared.
At close, Dow Jones Industrial Average fell 1.78% to 34,312.03, the S&P 500 lost 2.12% to 4,380.26 and Nasdaq Composite dropped 2.88%, to 13,716.72.
***
ASIAN STOCKS:
Asian markets slipped on Friday and gold stood at an eight-month high after an exchange of fire in eastern Ukraine and renewed US warnings of an imminent Russian invasion had investors looking for safety ahead of the weekend.
The Nifty futures were trading up 39.75 points at 17,260.50 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:
FRIDAY
5:00 AM -- Japan -- National Consumer Price Index (YoY)(Jan)
12:00 PM -- France -- ILO Unemployment(Q4)
12:30 PM -- UK -- Retail Sales (YoY)(Jan)
1:15 PM -- France -- Consumer Price Index (EU norm)
(YoY)(Jan)
2:30 PM -- EMU -- Current Account s.a(Nov)
3:30 PM -- EMU -- Construction Output w.d.a (YoY)(Dec)
6:30 PM -- EMU -- ECB's Elderson speech
8:30 PM -- US -- Existing Home Sales (MoM)(Jan)
8:30 PM -- EMU -- Consumer Confidence(Feb) PREL
9:30 PM -- US -- Fed Monetary Policy Report
11:30 PM -- US -- Baker Hughes US Oil Rig Count
(End)
TNS MARKET ROUNDUP: Stocks end down on profit booking, while Rupee end up on inflows; Bonds up
MUMBAI, Feb 18(TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Friday, dragged by losses in banking, metal, and realty stocks, amid heightening volatility due to geopolitical tensions concerning Ukraine, possible impact due to Fed rate-hike. The 30-share Sensex closed 59.04 points or 0.10% lower at 57,832.97 on the BSE, while the 50-stock Nifty losses 28.30 points or 0.16% to close at 17,276.30 on the NSE.
***
EUROPEAN STOCKS:
European markets were muted on Friday, with global sentiment hanging in the balance as the Ukraine-Russia crisis reaches a pivotal moment, CNBC reported on Friday.
US stock futures edged higher in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors dumped risk assets amid geopolitical concerns.
***
RUPEE:
The Indian currency ended down on Friday on report US and Russia would enter into a diplomatic talk next week over Ukraine leading to improvement in risk appetite leading to inflows into both debt and stocks.
Rupee in spot market ended at Rs 74.66/$1 Friday compared to previous close of Rs 75.10/$1.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended higher on Friday as importers hedged their future payables taking advantage of the sharp appreciation in rupee.
On annualised basis, premium on one year exact month dollar/rupee contract ended at 4.04% on Friday versus 3.99% at close on Thursday.
***
GILTS:
Government bond prices ended up on Friday on talks the government may likely cancel the next week's bond auction and easing US Treasury yields and oil prices.
The 6.54%-2032 bond ended at Rs 99.1075 or 6.6634% yield compared with Rs 99.0800 or 6.6672% yield at open on Friday and Rs 99.0300 or 6.6743% yield at close on Thursday.
***
CRUDE OIL:
Brent crude oil futures traded at $90.69 a barrel at 4:20PM IST on Friday.
(End)
MUMBAI, Feb 18(TickerNews Service):
STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Friday, dragged by losses in banking, metal, and realty stocks, amid heightening volatility due to geopolitical tensions concerning Ukraine, possible impact due to Fed rate-hike. The 30-share Sensex closed 59.04 points or 0.10% lower at 57,832.97 on the BSE, while the 50-stock Nifty losses 28.30 points or 0.16% to close at 17,276.30 on the NSE.
***
EUROPEAN STOCKS:
European markets were muted on Friday, with global sentiment hanging in the balance as the Ukraine-Russia crisis reaches a pivotal moment, CNBC reported on Friday.
US stock futures edged higher in overnight trading Thursday following the Dow Jones Industrial Average’s worst day of 2022 as investors dumped risk assets amid geopolitical concerns.
***
RUPEE:
The Indian currency ended down on Friday on report US and Russia would enter into a diplomatic talk next week over Ukraine leading to improvement in risk appetite leading to inflows into both debt and stocks.
Rupee in spot market ended at Rs 74.66/$1 Friday compared to previous close of Rs 75.10/$1.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended higher on Friday as importers hedged their future payables taking advantage of the sharp appreciation in rupee.
On annualised basis, premium on one year exact month dollar/rupee contract ended at 4.04% on Friday versus 3.99% at close on Thursday.
***
GILTS:
Government bond prices ended up on Friday on talks the government may likely cancel the next week's bond auction and easing US Treasury yields and oil prices.
The 6.54%-2032 bond ended at Rs 99.1075 or 6.6634% yield compared with Rs 99.0800 or 6.6672% yield at open on Friday and Rs 99.0300 or 6.6743% yield at close on Thursday.
***
CRUDE OIL:
Brent crude oil futures traded at $90.69 a barrel at 4:20PM IST on Friday.
(End)
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