Indian Indices:
Indian equities are likely to open lower on Monday, tracking mixed cues from Asian peers, as investors would react to deal between Opec and non-Opec member to cut crude output, ahead of data on November retail inflation (CPI) later in the day.
The traders would also react to looming uncertainty over the GST bill and index of industrial production (IIP). SGX Nifty is trading 36.00 points lower.
Indian shares ended higher on Friday, recording their biggest weekly gain in more than three months, as additional stimulus from the European Central Bank helped offset disappointment about the Reserve Bank of India's decision to hold rates. The S&P BSE Sensex and CNX Nifty rose 0.20%-0.18% each.
The 30-share benchmark index closed trade at 26747.18, up by 52.9 points or by 0.2%, and the NSE Nifty ended at 8261.75, up by 14.9 points or by 0.18%.
Global Market:
Japanese stocks rose to their highest level in a year on Friday, supported by Wall Street gains and solid buying of exporters on the back of a weaker yen.
US equities closed at all-time highs on Friday, as the major indexes posted their best week since the election.
European shares rose to their highest in eleven months on Thursday as the European Central Bank's unexpected decision to cut its monthly asset purchases helped banks extend their rally.
Major Headlines of the day:
Titagarh Wagons gets orders for const of 2 Fuel Barges for Indian Navy.
1,050 cr hit for Rel Power Sasan UMPP post SC verdict.
IRB Infra Wins Order For 6-laning Part Of NH-79a & NH-79 By Premium Of Rs186.3 Cr.
Trend in FII flows: The FIIs were net buyers of Rs 200.52 Cr in the cash segment on Friday while the DIIs were net sellers of Rs 289.57Cr, as per the provisional figures.
CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
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