TNS INDIA TODAY - What Markets Will Watch and Why - Jan 25

LOCAL EVENTS:
8:00 AM -- Shriram Transport Finance management at Q3 conference call.
2:15 PM -- Federal Bank MD and Chief Executive Shyam Srinivasan at Q3
press conference followed by analyst call.
4:00 PM -- Maruti Suzuki India management at Q3 analyst call.
4:30 PM -- Aditya Birla Sun Life AMC management at Q3 analyst call.
6:00 PM -- Torrent Pharmaceuticals management at Q3 analyst call.
7:00 PM -- Cipla management at Q3 conference call.
***
MINT ROAD:
10:30AM-11:00AM -- RBI to auction 28-day Reverse Repo worth Rs 50,000 cr
10:30AM-11:30AM -- RBI to auction 3 T-Bills worth Rs 26,000 cr
12:30PM-01:00PM -– RBI to auction 3-day Reverse Repo worth Rs 2 lakh cr
***
US STOCKS:
Wall Street bounced back from a steep sell-off late in the session to close higher on Monday, with bargain hunters pushing the indexes into positive territory by closing bell. The S&P 500 earlier came close to confirming a correction by appearing on track to close more than 10% down from its most recent all-time high reached on January 3 as investors focused on concerns about an increasingly hawkish Federal Reserve and geopolitical tensions.
At close, Dow Jones Industrial Average rose 0.29% to 34,364.5, the S&P 500 gained 0.28% to 4,410.13 and the Nasdaq Composite added 0.63%, to 13,855.13.
***
ASIAN STOCKS:
Asia-Pacific markets tumbled on Tuesday after a volatile session overnight on Wall Street, Australian stocks dived as much as 3%. The ASX 200 lost nearly 3% as banks, miners and oil stocks all tumbled across the board. Bank stocks such as ANZ, Commonwealth Bank of Australia and National Australia Bank all fell more than 3%. Japan’s Nikkei 225 lost 1.63%, and the Topix fell 1.73%. In South Korea, the Kospi also declined around 1.82%.
The Nifty futures were trading up 139.00 points at 17,012.50 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:

TUESDAY
6:00 AM -- Australia -- Consumer Price Index (YoY)(Q4)
-- National Australia Bank's Business
Conditions(Dec)
-- National Australia Bank's Business
Confidence(Dec)
-- RBA Trimmed Mean CPI (YoY)(Q4)
12:30 PM -- UK -- Public Sector Net Borrowing(Dec)
2:30 PM -- Germany -- IFO – Business Climate(Jan)
-- IFO – Current Assessment(Jan)
-- IFO – Expectations(Jan)
7:25 PM -- US -- Redbook Index (YoY)(Jan 21)
7:30 PM -- US -- Housing Price Index (MoM)(Nov)
-- S&P/Case-Shiller Home Price Indices
(YoY)(Nov)
7:30 PM -- Australia -- Australia Day
8:30 PM -- US -- Consumer Confidence(Jan)
-- Richmond Fed Manufacturing
Index(Jan)

(End)

TNS MARKET ROUNDUP: Stocks end up on inflows, while Rupee down on strong dollar; Bonds down

MUMBAI, JAN 25 (TickerNews Service):

STOCKS:
The Indian stock indices, Nifty and Sensex ended up on Tuesday as traders keenly eyed the two-day Fed policy review starting later in the day. This excessive volatility is likely to continue for a few more days until clarity emerges from the crucial Fed meeting. Except IT, all other sectoral indices ended in the green with PSU bank, power, auto and bank rose 2-4 percent. BSE midcap and smallcap indices gained 0.8-1 percent. The 30-share Sensex closed 366.64 points or 0.64% higher at 57,858.15 on the BSE, while the 50-stock Nifty gained 128.85 points or 0.75% to close at 17,277.95 on the NSE.
***
EUROPEAN STOCKS:
European stocks were higher on Tuesday as investors in the region appeared to shrug off volatility in global markets at the start of the week, and concerns over Ukraine, CNBC reported on Tuesday.
U.S. stock index futures fell in early trading Tuesday, after a wildly volatile session that saw the Dow erase a more than 1,100 point decline to finish the day in positive territory.
***
RUPEE:
The Indian currency ended down Tuesday tracking strong dollar on fears of rate hike and tappering at the upcoming US Federal Reserve meeting amid a weak local stocks.
Rupee in spot market ended at Rs 74.77/$1 compared with Rs 74.57/$1 at open Tuesday and Rs 74.56/$1 at close on Monday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Wednesday as some exporters and banks 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 4.60%, compared with 4.67% at the previous close.
***
GILTS:
Government bond prices ended little changed on Tuesday as market participants were remaining cautious ahead of the Federal Reserve meeting which is due tomorrow.
The 6.10%-2031 bond ended at Rs 96.1300 or 6.6574 yield compared with Rs 96.1300 or 6.6574% yield at open on Tuesday and Rs 96.1200 or 6.6587% yield at close on Monday.
***
CRUDE OIL:
Brent crude oil futures traded at $87.20 a barrel at 4:25PM IST on Tuesday.

(End)

TNS INDIA TODAY - What Markets Will Watch and Why - Jan 27

LOCAL EVENTS:
-- PM Narendra Modi at India-Central Asia summit in New Delhi.
-- National Company Law Tribunal in Mumbai to hear plea by
activist funds of Zee Entertainment Enterprises seeking
extraordinary general meeting.
10:00 AM -- Adani Wilmar IPO opens for subscription in Mumbai.
4:00 PM -- PM Economic Advisory Council Part Time Member Neelkanth
Mishra, Monetary Policy Committee Member Ashima Goyal at
Bombay Chamber of Commerce pre-budget discussion
***
MINT ROAD:
---- NO MAJOR EVENTS ----
***
US STOCKS:
U.S. stocks retreated Wednesday, erasing strong gains, after the Federal Reserve signaled an interest rate hike could be coming soon, while supply concerns stemming from tension between Russia and Ukraine saw oil prices touch highs not seen since 2014.
At close, Dow Jones Industrial Average fell 0.38% to 34,168.09, the S&P 500 lost 0.15% to 4,349.93 and the Nasdaq Composite added 0.02%, to 13,542.12.
***
ASIAN STOCKS:
Asia-Pacific markets declined on Thursday as investors digest an overnight update from the U.S. Federal Reserve that indicated the central bank plans to raise interest rates as soon as March. In Japan, the Nikkei 225 slipped 1.67% while the Topix was down 1.23%.
The Nifty futures were trading down 240.05 points at 16,945.20 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:

THURSDAY
12:30 AM -- US -- Fed Interest Rate Decision
-- Fed's Monetary Policy Statement
1:00 AM -- US -- FOMC Press Conference
5:00 AM -- Australia -- Westpac Leading Index (MoM)(Dec)
5:20 AM -- Japan -- Foreign Bond Investment(Jan 21)
6:00 AM -- Australia -- Export Price Index (QoQ)(Q4)
-- Import Price Index (QoQ)(Q4)
12:30 PM -- Germany -- Gfk Consumer Confidence Survey(Feb)
12:30 PM -- Switzerland -- Trade Balance(Dec)
1:30 PM -- Spain -- Unemployment Survey(Q4)
2:30 PM -- Italy -- Industrial Sales n.s.a. (YoY)(Nov)
7:00 PM -- US -- Continuing Jobless Claims(Jan 14)
-- Core Personal Consumption
Expenditures (QoQ)(Q4) PREL
-- Durable Goods Orders(Dec)
-- Gross Domestic Product Annualized
(Q4)PREL
-- Gross Domestic Product Price
Index(Q4) PREL
-- Initial Jobless Claims 4-week
average(Jan 21)
-- Nondefense Capital Goods Orders ex
Aircraft(Dec)
-- Personal Consumption Expenditures
Prices (QoQ)(Q4) PREL
8:30 PM -- US -- Pending Home Sales (YoY)(Dec)
9:00 PM -- US -- EIA Natural Gas Storage Change
(Jan 21)
9:30 PM -- US -- Kansas Fed Manufacturing
Activity(Jan)

(End)

TNS MARKET ROUNDUP: Stocks, Rupee, Bonds ended down due to hawkish Fed policy

MUMBAI, JAN 27 (TickerNews Service):

STOCKS:
The Indian stock indices, Nifty and Sensex ended down on Thursday after the Federal Reserve committee in its policy indicated interest rates hike in March. Among sectors, FMCG, realty, pharma, and IT indices shed 1-3%, while PSU bank index was up 5% and auto and bank indices rose 0.3-1%. BSE midcap and smallcap indices fell 0.8-1.2%. The 30-share Sensex closed 581.21 points or 1.00% lower at 57,276.94 on the BSE, while the 50-stock Nifty lost 167.80 points or 0.97% to close at 17,110.15 on the NSE.
***
EUROPEAN STOCKS:
European stocks retreated on Thursday as global markets react badly to the latest monetary policy decision from the U.S. Federal Reserve,CNBC reported on Thursday.
US stock futures fell early Thursday after the Dow Jones Industrial Average and S&P 500 turned lower overnight following a Federal Reserve update by chair Jerome Powell, at the conclusion of its two-day meeting.
***
RUPEE:
The Indian currency ended down Thursday tracking strong greenback on hawkish Fed that created risk aversion globally pushing safe haven currencies like dollar higher. Adding to this, outflows from local stocks and dollar demand from oil importers further added to the pressure on rupee.
Rupee in spot market ended at Rs 75.08/$1 compared with Rs 75.17/$1 at open Thursday and Rs 74.77/$1 at close on Tuesday.
***
FORWARD PREMIA:
The premium on dollar/rupee forward contract maturing in one year ended down on Thursday as some exporters and banks 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 4.51%, compared with 4.60% at the previous close.
***
GILTS:
Government bond prices ended down on Thursday due to hawkish Federal Reserve at policy wherein the members said it is likely to hike rates in March.
The 6.10%-2031 bond ended at Rs 95.5300 or 6.7465% yield compared with Rs 95.9000 or 6.6916% yield at open on Thursday and Rs 96.1300 or 6.6574% yield at close on Tuesday.
***
CRUDE OIL:
Brent crude oil futures traded at $90.02 a barrel at 4:20PM IST on Thursday.

(End)

Topic: VC's Zoom Meeting
Time: Jan 29, 2022 12:00 PM Mumbai, Kolkata, New Delhi


URL: https://63moons.zoom.us/j/94065037070?pwd=bnV4RDBhUWVIMlFnY3pFdnNPMFJOUT09

Meeting ID: 940 6503 7070

Password for Mobile: 221770

Password for VC device: 221770



Or a H.323/SIP room system:
H.323: 162.255.37.11 (US West) or 162.255.36.11 (US East)

TNS INDIA TODAY - What Markets Will Watch and Why - Jan 31

LOCAL EVENTS:
–- Supreme Court to hear Future Group’s plea to restrain its
lenders from declaring the company as a non-performing asset
in New Delhi.
9:15 AM –- AGS Transact Technologies lists on stock exchanges in Mumbai.
11:00 AM -- President Ram Nath Kovind to address parliament as budget
session begins in New Delhi.
12:00 PM -- FM Nirmala Sitharaman to table Economic Survey 2021-22 in
parliament in New Delhi.
3:45 PM -- Chief Economic Advisor V. Anantha Nageswaran addresses a
press conference post the release of Economic Survey 2021-22
in New Delhi.
5:00 PM -- Adani Wilmar IPO subscription closes in Mumbai.
-- Government to release December Infrastructure output data in
New Delhi.
5:30 PM -- Government likely to release FY21 revised GDP data in New
Delhi.
-- Government to release April-December fiscal deficit data in
New Delhi.
***
MINT ROAD:
5:30PM -- RBI to announce details of weekly bond auction
***
US STOCKS:
Wall Street surged on Friday, achieving its best day so far in 2022 after another zigzag session, ending a tumultuous week marked by mixed corporate earnings, geopolitical turmoil and an increasingly aggressive Federal Reserve. All three major US stock indexes began the day in the red, but turned increasingly green as the session progressed, with tech shares doing the heaviest lifting.
At close, Dow Jones Industrial Average rose 1.65% to 34,725.47, the S&P 500 gained 2.43% to 4,431.85 and the Nasdaq Composite added 3.13%, to 13,770.57.
***
ASIAN STOCKS:
Asian share markets made a cautious start to a week that is likely to see a rise in UK interest rates and mixed reports on U.S. jobs and manufacturing, while surging oil prices added to worries over inflation. Lunar New Year holidays made for thin conditions and MSCI's broadest index of Asia-Pacific shares outside Japan edged down 0.1% in slow trade. Japan's Nikkei dipped 0.3% as data on industrial output and retail sales undershot forecasts.
The Nifty futures were trading up 150.00 points at 17,267.50 at 8:30 AM IST in Singapore.
***
GLOBAL EVENTS:

MONDAY
5:20 AM -- Japan -- Industrial Production (YoY)
(Dec) PREL
-- Large Retailer Sales(Dec)
-- Retail Trade (YoY)(Dec)
6:00 AM -- Australia -- Private Sector Credit (YoY)(Dec)
10:30 AM -- Japan -- Annualized Housing Starts(Dec)
-- Construction Orders (YoY)(Dec)
-- Consumer Confidence Index(Jan)
-- Housing Starts (YoY)(Dec)
1:30 PM -- Spain -- Consumer Price Index (YoY)(Jan) PREL
-- HICP (YoY)(Jan) PREL
-- Retail Sales (YoY)(Dec)
2:30 PM -- Italy -- Gross Domestic Product (YoY)
(Q4) PREL
2:30 PM -- Spain -- Current Account Balance(Nov)
3:30 PM -- EMU -- Gross Domestic Product s.a. (YoY)
(Q4) PREL
6:30 PM -- Germany -- Consumer Price Index (MoM)(Jan) PREL
-- Consumer Price Index (YoY)(Jan) PREL
-- Harmonized Index of Consumer Prices
(YoY) (Jan) PREL
8:15 PM -- US -- Chicago Purchasing Managers'

Index(Jan)
9:00 PM -- US -- Dallas Fed Manufacturing Business
Index(Jan)
9:30 PM -- China -- Chinese New Year
11:30 PM -- US -- Loan Officer Survey(Q4)


(End)