MARKETS LIVE: Key things to watch out for before the opening bell

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SI Reporter  |  New Delhi 

Bonds, Stock markets, Shares, Trading

Benchmark indices are likely to open flat despite positive global cues. Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing US dollar.

Sentiment was also helped by news that North Korea had offered an olive branch to South Korea, with Kim Jong Un saying he was “open to dialogue” with Seoul.

Back home, eight core sectors grew by 6.8% in November 2017, mainly helped by a robust performance in segments like refinery, steel and cement, official data showed on Monday. Coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had witnessed a growth of 3.2% in November 2016. 

Cumulatively, the growth in the eight core sectors during April-November this fiscal slowed to 3.9% as against 5.3% in the same period last fiscal.

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8:50 AM Asian stocks edged higher

Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing U.S. dollar.
 
Sentiment was also helped by news that North Korea had offered an olive branch to South Korea, with Kim Jong Un saying he was “open to dialogue” with Seoul.
 
MSCI’s broadest index of Asia-Pacific shares outside Japan added 0.5% to heights last visited in 2007, having risen by one-third in value last year
 
Japan’s Nikkei was closed for a holiday but E-Mini futures for the S&P 500 edged up 0.15%.
 
Shanghai blue chips climbed 1% after the Caixin index of Chinese industry rose to a four-month high of 51.5 in December, confounding forecasts for a decline.

8:33 AM Good Morning!

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First Published: Tue, January 02 2018. 08:25 IST

MARKETS LIVE: Key things to watch out for before the opening bell

Catch all live market action today

Catch all live market action today
Benchmark indices are likely to open flat despite positive global cues. Asian shares scaled a decade peak on Tuesday after a survey of Chinese manufacturing proved surprisingly upbeat, while the euro lurked within striking distance of its 2017 top against an ailing US dollar.

Sentiment was also helped by news that North Korea had offered an olive branch to South Korea, with Kim Jong Un saying he was “open to dialogue” with Seoul.

Back home, eight core sectors grew by 6.8% in November 2017, mainly helped by a robust performance in segments like refinery, steel and cement, official data showed on Monday. Coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity had witnessed a growth of 3.2% in November 2016. 

Cumulatively, the growth in the eight core sectors during April-November this fiscal slowed to 3.9% as against 5.3% in the same period last fiscal.
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