Global cues for D-Street on Monday
Here is a look at some of the top global cues that investors need to know before hitting the domestic equity markets on Monday:
Cues from Singapore supportive: At 6.45 am, Nifty50 futures on the Singapore Stock Exchange were trading 10 points higher at 6139, indicating a positive opening for the domestic market.
Rupee falls for first time in three days: The rupee ending its two-day uptick, slipped by 5 paise on Friday to 64.61 a dollar, on an uptrend in demand for the American currency, and persistent capital outflows. The domestic currency largely moved in a narrow range throughout the day, trading along the line of resistance.
Global markets mixed: Asian markets across Japan, Korea and Australia were trading steady in early morning trade, while the euro on Monday jumped to a five-month peak. Japan’s Nikkei gained 1.4% in early trade. The Dow Jones Industrial Average index on Friday, declined 30.95 points, or 0.15%, to close at 20547.76. The S&P 500 index fell 7.15 points, or 0.30%, to 2348.69. The Nasdaq Composite inched 6.26 points, or 0.11%, standing lower at 5910.52.