SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 69 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Friday as a late Wall Street rally supported global sentiment.

In US, stocks rose slightly on Thursday as tech shares recovered some of their recent losses while traders weighed the latest batch of economic data.

Apple and Microsoft shares rose 1% and 1.3%, respectively, to lead tech higher. Alphabet shares gained nearly 1% and Amazon advanced 0.7%. Netflix was up 0.5% and Facebook advanced 0.2%.

Investors will also watch developments on potential U.S. coronavirus stimulus. House Democrats are reportedly preparing a new $2.4 trillion stimulus plan as the party looks to restart negotiations with the White House following talks that fell apart last month.

The number of Americans filing new claims for unemployment benefits unexpectedly increased last week. Initial claims for state unemployment benefits totaled a seasonally adjusted 870,000 for the week ended September 19, compared to 866,000 in the prior week, the Labor Department said on Thursday.

Domestic markets:

Back home, the benchmark indices crashed on Thursday, extending losses to the sixth day amid a global selloff. The trading was volatile due to the F&O expiry. The barometer index, the S&P BSE Sensex, crashed 1,114.82 points or 2.96% to 36,553.60. The Nifty 50 index slumped 326.30 points or 2.93% to 10,805.55. The 50-unit index has fallen 6.89% in six sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,885.69 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 188.64 crore in the Indian equity market on 24 September, provisional data showed.

Trends on SGX Nifty indicate a gap-down opening for Indian markets today. The market may witness volatility due to the expiry of September futures & options contracts today, 24 September and roll over of positions to next month.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 129 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Thursday following overnight declines on Wall Street amid fresh concerns that the global economic recovery is running out of steam.

In US, stocks fell sharply on Wednesday, as tech shares took another leg lower and investors fretted over uncertainty around the coronavirus pandemic and further stimulus.

Shares of Amazon and Netflix dropped 4.1% and 4.2%, respectively, to lead Big Tech lower. Facebook slid 2.3%. Alphabet closed 3.5% lower. Apple ended the day down 4.2% and Microsoft dipped 3.3%. Shares of Tesla fell 10.3% after Elon Musk offered new delivery predictions for 2020 and detailed a new battery design that he claims will make Tesla's cars cheaper to produce. Nike shares jumped 8.8% after the company said digital sales surged more than 80% last quarter.

On the stimulus front, lawmakers are still struggling to move forward with a new package. Federal Reserve Chairman Jerome Powell said before Congress on Wednesday that further fiscal stimulus is still needed for the U.S. economic recovery to continue.

In coronavirus developments, Johnson & Johnson said Wednesday it has begun its phase three trial testing its potential coronavirus vaccine. The firm is the fourth drugmaker backed by U.S. President Donald Trump's administration's Covid-19 vaccine program, Operation Warp Speed, to enter late-stage testing.

Domestic markets:

Back home, domestic equity benchmarks ended with small losses after a volatile session on Wednesday. The Nifty regained 11,100 mark after falling below that level in intraday. The barometer index, the S&P BSE Sensex, fell 65.66 points or 0.17% at 37,668.42. The Nifty 50 index lost 21.80 points or 0.20% at 11,131.85. The 50-unit index has fallen 4.07% in five sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,912.44 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 1,629.23 crore in the Indian equity market on 23 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 9 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Wednesday after tech-fueled Wall Street gains.

Japan's factory activity extended declines in September largely due to a sharper fall in output. The au Jibun Bank Flash Japan Manufacturing Purchasing Managers' Index (PMI) was largely unchanged at 47.3 in September compared with a final 47.2 in the previous month.

In US, Wall Street stocks rebounded on Tuesday, led by a jump in Amazon.com, even as a likely delay in new fiscal stimulus by Congress and an increase in the number of coronavirus cases dampened hopes of a faster economic recovery.

Fed Chair Jerome Powell on Tuesday told a congressional panel that the economy had shown “marked improvement” since the pandemic drove it into recession, but the path ahead remains uncertain and the U.S. central bank will do more if needed.

Chicago Fed President Charles Evans also warned that the economy risks a longer, slower recovery, if not another outright recession, if Congress fails to pass more stimulus.

Developments surrounding the coronavirus pandemic could also weigh on investor sentiment, with U.K. Prime Minister Boris Johnson on Tuesday reversing the lifting of some lockdown measures in England. That came following a surge in coronavirus cases in the country.

Domestic markets:

Back home, the benchmark indices extended losses for the fourth session on Tuesday. Investors sentiment was dented as rising coronavirus cases led to the possibility of fresh lockdowns in some European countries, which could further slowdown the pace of global economic recovery. The barometer index, the S&P BSE Sensex, tumbled 300.06 points or 0.79% at 37,734.08. The Nifty 50 index lost 96.90 points or 0.86% at 11,153.65.

Foreign portfolio investors (FPIs) sold shares worth Rs 2,072.76 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 878.91 crore in the Indian equity market on 22 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 25 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Tuesday, as Hong Kong-listed shares of HSBC and Standard Chartered continued to see declines following a Monday drop. Markets in Japan are closed on Tuesday for a holiday.

In US, stocks fell on Monday as fears about the potential worsening of the coronavirus pandemic, as well as uncertainty on further U.S. fiscal stimulus, rattled traders.

Concerns over another wave of coronavirus cases came as the U.K. reportedly considers another national lockdown to stop an increase in infections. Bank stocks also contributed to the broader market drop after a report found that a number of global banks moved allegedly illicit funds.

Domestic markets:

Back home, domestic shares tumbled across the board on Monday as dismal global cues and rising COVID-19 cases triggered profit selling. The barometer index, the S&P BSE Sensex, fell 811.68 points or 2.09% at 38,034.14. The Nifty 50 index lost 254.40 points or 2.21% at 11,250.55.

Foreign portfolio investors (FPIs) sold shares worth Rs 539.81 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 517.95 crore in the Indian equity market on 21 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 9 points at the opening bell.

India Inc's business sentiment has improved during July-September quarter as the government gradually unlocked the economy and business activity resumed, according to the CII's business outlook survey. The latest CII Business Confidence Index has surged to the level of 50.3 in July-September 2020, bouncing back from its lowest reading of 41 recorded in April-June 2020, the industry chamber said in a statement.

Global markets:

Overseas, Asian stocks were mixed on Monday, as investors awaited developments on U.S. fiscal stimulus and coronavirus vaccines amid a resurgence of infections in Europe.

China kept its benchmark lending rate for corporate and household loans steady for the fifth straight month at its September fixing on Monday, as expected. The one-year loan prime rate (LPR) was kept unchanged at 3.85%, while the five-year LPR remained at 4.65%. The LPR is a lending reference rate set monthly by 18 banks. Most new and outstanding loans are based on the LPR, while the five-year rate influences the pricing of mortgages.

In US, stock indexes closed lower Friday, amid uncertainty about a fresh round of fiscal stimulus from Washington, concerns about tensions between the U.S. and China, and worries about the sluggish pace of economic recovery.

President Donald Trump said Saturday he has approved a deal in principle in which Oracle and Walmart will partner with the viral video-sharing app TikTok in the U.S., allowing the popular app to avoid a shutdown. Shortly after Trump's comments, Oracle announced it was chosen as TikTok's secure cloud provider and will become a minority investor with a 12.5% stake. TikTok confirmed Oracle's role and said it was working with Walmart on a commercial partnership. Walmart said it has tentatively agreed to a purchase 7.5% stake. TikTok's Chinese parent company ByteDance will own the remaining 80% of TikTok

In U.S. economic data, the University of Michigan said the preliminary reading of its U.S. consumer sentiment index in September was 78.9, up from 74.1 in the prior month.

The U.S. current-account deficit, a measure of the nation's debt to other countries, widened sharply in the second quarter. The current-account deficit widened to $170 billion from a revised $111.5 billion in the first quarter.

Domestic markets:

Back home, the Sensex ended with modest losses while the Nifty ended almost flat after a volatile session on Friday. Heavy selling in banks eclipsed rally in pharma shares. Worries about a resurgence in coronavirus cases across the globe spooked investors. The barometer index, the S&P BSE Sensex lost 134.03 points or 0.34% at 38,845.82. The Nifty 50 index shed 11.15 points or 0.10% at 11,504.95.

Foreign portfolio investors (FPIs) bought shares worth Rs 205.15 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 100.83 crore in the Indian equity market on 18 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading mostly higher on Friday. The World Health Organization's (WHO) regional director for Europe on Thursday warned of a “very serious situation” unfolding in Europe. Weekly cases have now exceeded those reported when the pandemic first peaked in Europe in March, said WHO's Hans Klug.

In US, stocks fell on Thursday as technology-related shares slid for a second day. Facebook and Amazon were down 3.3% and 2.3%, respectively. Netflix closed 2.8% lower. Alphabet dropped 1.7% while Apple and Microsoft were both down at least 1%. Snowflake, an IPO which captivated Wall Street on Wednesday as it doubled in its debut, was off by 10.4%.

US President Donald Trump said late Wednesday that the U.S. could distribute a vaccine as early as October, contradicting the director of the Centers for Disease Control and Prevention, who told lawmakers earlier in the day that vaccinations would be in limited quantities this year and not widely distributed for six to nine months.

In Europe, the Bank of England kept its main interest rate unchanged at the record low of 0.1% on Thursday as it gauges the strength of the economy's recovery from recession and what the U.K.'s future trade relationship with the European Union will be. The rate-setting Monetary Policy Committee, which sets policy for the U.K. as a whole, said the outlook for the economy remains unusually uncertain in light of the recent spike in coronavirus infections and questions over the trading relationship with the EU from the start of next year.

Domestic markets:

Back home, domestic benchmark indices snapped a two-day rising streak on Thursday, tracking weak global cues. The S&P BSE Sensex lost 323 points or 0.82% at 38,979.85. The Nifty 50 index fell 88.45 points or 0.76% at 11,516.10.

Foreign portfolio investors (FPIs) sold shares worth Rs 249.82 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 1,067.83 crore in the Indian equity market on 17 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 72 points at the opening bell.

Global markets:

Overseas, the Bank of Japan and the Bank of England will announce their respective policy decisions on Thursday.

Asian stocks mostly traded lower Thursday as investors react to overnight developments from the U.S. Federal Reserve.

In US, the S&P 500 and Nasdaq Composite ended lower on Wednesday, reversing gains late in the day as losses in technology shares outweighed a Federal Reserve statement that stoked optimism it would keep U.S. interest rates near zero for a prolonged period. The Dow Jones Industrial Average eked out a small gain.

The Dow Jones Industrial Average rose 36.78 points, or 0.13%, to 28,032.38, the S&P 500 lost 15.71 points, or 0.46%, to 3,385.49 and the Nasdaq Composite dropped 139.86 points, or 1.25%, to 11,050.47.

The Federal Reserve on Wednesday vowed to keep interest rates near zero until inflation is on track to overshoot the U.S. central bank's 2% target. The new economic projections showed policymakers now see the economy shrinking 3.7% this year, far less than the 6.5% decline they forecast in June. They see unemployment, which registered 8.4% in August, dropping to 7.6% by the end of the year. The recovery “is here, and it's well along,” Powell said.

Domestic markets:

Back home, domestic equity indices extended gains for second straight day on Wednesday. The barometer index, the S&P BSE Sensex added 258.50 points or 0.66% at 39,302.85. The Nifty 50 index gained 82.75 points or 0.72% at 11,604.55.

Foreign portfolio investors (FPIs) bought shares worth Rs 264.66 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 212.21 crore in the Indian equity market on 16 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 36 points at the opening bell.

On the macro front, India's exports slipped 12.66% to $22.7 billion in August, on account of decline in the shipments of petroleum, leather, engineering goods and gems and jewellery items, according to the government data released on 15 September 2020. The country's imports too declined 26% to $29.47 billion in August, leaving a trade deficit of $6.77 billion, compared to a shortfall of $13.86 billion in the same month last year, as per the data.

Global markets:

Overseas, Asian stocks were mixed on Wednesday as investors await the Federal Open Market Committee's quarterly update.

Provisional trade statistics from Japan's Ministry of Finance released Wednesday showed the country's exports in August falling 14.8% as compared to a year ago.

In US, stocks rose on Tuesday, building on the strong performance from the previous session, on the back of broad market gains and solid economic data. Apple on Tuesday announced new devices and services, including a new Apple Watch and two new iPad models.

Traders also looked ahead to the Federal Reserve concluding its two-day policy meeting on Wednesday. The Federal Open Market Committee will give its quarterly update on where it sees GDP, unemployment and inflation going.

In the U.S., the Empire State Manufacturing index came in at 17 for September, rebounding from a print of 3.7 in August.

Domestic markets:

Back home, benchmark indices ended with strong gains on Tuesday, tracking positive global cues. Banks and pharma shares rallied while auto and FMCG shares declined. The barometer index, the S&P BSE Sensex added 287.72 points or 0.74% at 39,044.35. The Nifty 50 index gained 81.75 points or 0.71% at 11,521.80.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,170.89 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 895.63 crore in the Indian equity market on 15 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 18 points at the opening bell.

India's retail inflation for the month of August stood at 6.69%, data released by the National Statistical Office (NSO) on Monday showed. The consumer price index (CPI)-based inflation rate for July has been revised to 6.73% from 6.93%.

Global markets:

Overseas, Asian stocks are trading mostly higher today as investors watched China's August economic data.

Retail sales rose 0.5% in August from a year ago, the first positive report for the year so far, China's National Bureau of Statistics said Tuesday. Still, retail sales for the first eight months of the year were down 8.6% from a year ago, the bureau said.

Meanwhile, industrial production in the country grew 5.6% in August from a year ago while fixed-asset investment declined 0.3% for the first eight months of the year.

In US, stocks ended sharply higher on Monday as signs of progress in developing a COVID-19 vaccine and a spurt of multibillion-dollar deals lifted investor optimism. Tech sentiment was lifted by news of Nvidia buying chipmaker Arm Holdings from SoftBank for $40 billion.

Meanwhile, ByteDance rejected Microsoft's bid to buy TikTok's U.S. operations. Instead, ByteDance has chosen Oracle to be TikTok's U.S. technology partner, and Oracle will take a significant stake in the business.

Sentiment was also boosted by signs of progress toward a coronavirus vaccine. AstraZeneca resumed phase three trials for its coronavirus vaccine in the U.K. following a halt due to safety concerns. However, its trials in the U.S. remains on hold as American regulators investigate the side effects flagged in the U.K. study, reports showed.

Domestic markets:

Back home, the main stock indices ended a roller-coaster session with modest losses on Monday. The barometer index, the S&P BSE Sensex fell 97.92 points or 0.25% at 38,756.63. The Nifty 50 index fell 24.40 points or 0.21% at 11,440.05.

Foreign portfolio investors (FPIs) bought shares worth Rs 298.22 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 120.35 crore in the Indian equity market on 14 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 42 points at the opening bell.

SEBI clarification:

To achieve the desired objective of True to Label and Appropriate Benchmarking, SEBI issued a circular dated 11 September 2020 on Multi Cap schemes of Mutual Funds, requiring them to invest a minimum of 25% each in Large, Mid and Small Cap stocks, with the balance 25% giving flexibility to the fund manager.

In its clarification on 13 September 2020, SEBI said that Mutual Funds have many options to meet with the requirements, based on the preference of their unitholders. Apart from rebalancing their portfolio in the Multi Cap schemes, they could inter-alia facilitate switch to other schemes by unitholders, merge their Multi Cap scheme with their Large Cap scheme or convert their Multi Cap scheme to another scheme category, for instance Large cum Mid Cap scheme.

SEBI is conscious of market stability and therefore has given time to the Mutual Funds till 31 January 2021 to achieve compliance, through its preferred route of which rebalancing of the portfolio is only one such route.

Monsoon Session of Parliament:

The 18-day Monsoon Session of Parliament will begin from today under the shadow of the coronavirus pandemic. The Monsoon Session will see Lok Sabha and Rajya Sabha sitting in two different shifts, while special seating arrangements have been made for MPs in adherence to social distancing guidelines.

On the macro front, India's industrial output contracted 10.4% in July as against a 4.9% growth year-on-year (YoY), data released by the government on 11 September 2020 showed. This is against a 16.6% contraction in the month of June.

Global markets:

Overseas, Asian stocks are trading higher on Monday, with investors watching shares of Japanese conglomerate Softbank Group following an announcement of its sale of U.K. chip designer Arm to U.S. chip firm Nvidia.

Chipmaker Nvidia has agreed to buy Arm Holdings, a designer of chips for mobile phones, from Softbank in a deal worth $40 billion, the companies announced Sunday. The deal will be for a mix of $21.5 billion in Nvidia stock and $12 billion in cash, including $2 billion payable at signing.

Meanwhile, developments in Japanese politics were also watched as the search for the successor for Prime Minister Shinzo Abe continues. The ruling Liberal Democratic Party is set to hold an election to choose its new leader on Monday.

In US, the Nasdaq Composite Index fell 66.05 points, or 0.6%, finishing at 10,853.55 in another volatile session on Friday on continuing sell-off in tech stocks. The Dow Jones Industrial Average rose 131.06 points, or 0.5%, ending at 27,665.64; while the S&P 500 rose 1.78 points, or 0.1%, to close at 3,340.97.

Apple dropped 1.3% and Amazon fell by 1.9%. Facebook, Alphabet and Microsoft were all down. ByteDance rejected Microsoft's bid to buy TikTok's U.S. operations.

The Labor Department said Friday its U.S. consumer price index rose by 0.4% in August.

The Treasury Department said the federal budget deficit officially surpassed $3 trillion in August, and is on pace to hit $3.3 trillion when the fiscal year ends this month.

Domestic markets:

Back home, the equity market benchmarks ended with minor gains after a volatile trade on Friday. The barometer index, the S&P BSE Sensex added 14.23 points or 0.04% at 38,854.55. The Nifty 50 index advanced 15.20 points or 0.13% at 11,464.45.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,175.81 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 724.31 crore in the Indian equity market on 11 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 35 points at the opening bell.

Meanwhile, the foreign ministers of India and China have reportedly agreed that troops of the two countries must quickly disengage from a border standoff, they said in a joint statement issued on Friday. The two Foreign Ministers agreed that the current situation in the border areas is not in the interest of either side. They agreed therefore that the border troops of both sides should continue their dialogue, quickly disengage, maintain proper distance and ease tensions.

Global markets:

Overseas, Asian stocks are trading lower on Friday in response to declines in technology stocks and growing concerns about another round of negotiations on the UK's departure from the European Union.

In US, stocks closed lower after a choppy trading session on Thursday as heavyweight tech-related stocks resumed their decline following a sharp rebound the previous session, while elevated jobless claims reminded investors of a difficult recovery ahead.

The number of Americans filing new claims for unemployment benefits hovered at high levels last week. Initial claims for state unemployment benefits totalled a seasonally adjusted 8,84,000 for the week ended September 5, matching the number of applications received in the prior week, the Labor Department said on Thursday.

In Europe, the U.K. government outlined on Wednesday how it plans to manage trade following its full breakup from the EU at the end of the year with two significant announcements. Firstly, it proposed legislation, called the Internal Market Bill. Secondly, the government said the U.K. would not follow EU rules for state aid. The U.K. is currently in a transition phase after it stopped being a member of the EU in January, but this will expire on December 31.

Domestic markets:

Back home, key equity benchmarks ended with robust gains on Thursday, boosted by rally in index heavyweight Reliance Industries. The barometer index, the S&P BSE Sensex, jumped 646.40 points or 1.69% at 38,840.32. The Nifty 50 index added 171.25 points or 1.52% at 11,449.25.

Foreign portfolio investors (FPIs) bought shares worth Rs 838.37 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 317.30 crore in the Indian equity market on 10 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 11 points at the opening bell.

Global markets:

Overseas, Asian stocks are mostly up on Thursday, with U.S. markets reversing their losses from Wednesday's U.S. big tech stocks selloff during the previous session.

In US, Wall Street's main indexes ended higher on Wednesday to snap a three-session losing skid as investors jumped back in to take advantage of the pullback in technology-related stocks.

Stay-at-home companies such as Facebook Inc and Google-parent Alphabet Inc climbed, while electric-car maker Tesla Inc rebounded nearly 11% after suffering its biggest one-day percentage drop.

US employers advertised more jobs but hired fewer workers in July. The Labour Department said Wednesday that the number of US job postings on the last day of July rose to 6.6 million from 6 million at the end of June. A year earlier, employers posted 7.2 million job openings. Hiring dropped to 5.8 million from 7 million in June. The number of Americans laid off or discharged fell to 1.7 million from nearly 2 million in June.

Later on Thursday, the European Central Bank (ECB) is expected to announce its interest rate decision as well as monetary policy statement. The ECB is reportedly expected to make no policy changes and reiterate it stands ready to adjust all of its instruments, as appropriate, at its policy meeting.

Domestic markets:

Back home, key equity benchmarks ended with modest losses on Wednesday. The S&P BSE Sensex, slipped 171.43 points or 0.45% at 38,193.92. The Nifty 50 index lost 39.35 points or 0.35% at 11,278.

Foreign portfolio investors (FPIs) sold shares worth Rs 959.09 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 263.97 crore in the Indian equity market on 9 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 54 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading lower on Wednesday after Wall Street sank for the third consecutive day led by declines in heavyweight technology companies. Meanwhile, AstraZeneca said a late-stage trial of its Covid-19 vaccine candidate has been put on hold due to safety concerns.

Chinese inflation data for August released Wednesday showed the producer price index declined 2% in August from a year earlier, according to China's National Bureau of Statistics. The consumer price index in August rose 2.4% as compared with a year ago.

In US, stocks closed lower for a third straight session on Tuesday as heavyweight technology names extended their sell-off. Among U.S. technology names, electric-car maker Tesla plunged 21.1% to suffer its biggest daily percentage drop after it was excluded from a group of companies being added to the S&P 500.

Apple dropped 6.7% to lead tech lower. Facebook and Amazon were both down more than 4%. Microsoft fell 6.7%. Netflix closed 1.8% lower and Alphabet lost 3.6%. Zoom Video fell by 5.1%.

Domestic markets:

Back home, key equity barometers ended a volatile session with minor cuts on Tuesday. The barometer index, the S&P BSE Sensex, lost 51.88 points or 0.14% at 38,365.35. The Nifty 50 index slipped 37.70 points or 0.33% at 11,317.35.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,056.52 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 620.29 crore in the Indian equity market on 8 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 4 points at the opening bell.

Global markets:

Overseas, Asian stocks are mostly higher on Tuesday, as Japan released revised gross domestic product figures for the second quarter.

Japan's revised GDP figures for the April-June quarter showed the country's economy shrinking an annualized 28.1%, according to second preliminary estimates released by the Cabinet Office. It was worse than preliminary estimates released in mid-August, which had shown the country's economy shrinking 27.8% on an annualized basis in April-June.

Meanwhile, tensions are also escalating between the U.K. and European Union, putting at risk chances of a post-Brexit trade deal in the coming months.

In US, financial markets were shut on Monday for a public holiday.

Domestic markets:

Back home, key domestic indices ended with minor gains after volatile session on Monday. The barometer index, the S&P BSE Sensex, rose 60.05 points or 0.16% at 38,417.23. The Nifty 50 index added 21.20 points or 0.19% at 11,355.05.

Foreign portfolio investors (FPIs) sold shares worth Rs 6.93 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 815.82 crore in the Indian equity market on 7 September, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 49 points at the opening bell.

Global markets:

Overseas, Asian stocks are trading higher on Monday, despite rising tech tensions between Washington and Beijing.

As per reports, the Trump administration is considering imposing export restrictions on Semiconductor Manufacturing International Corporation, China's largest manufacturer of semiconductors.

In US, stocks closed lower on Friday though well above its session low as selling eased late in the day after investors dumped heavyweight technology stocks due to concerns about high valuations.

US employment growth slowed further in August and permanent job losses increased as money from the government started running out. Nearly a fifth of the job gains reported by the Labor Department on Friday were from the government's temporary hiring for the 2020 Census. While the unemployment rate fell below 10%, it was biased down by a continuing misclassification problem.

Domestic markets:

Back home, key equity indices ended with steep losses on Friday as rising COVID-19 cases and ongoing geo-political tensions between India-China weighed on the sentiment. The barometer index, the S&P BSE Sensex, fell 633.76 points or 1.63% at 38,357.18. The Nifty 50 index slipped 193.60 points or 1.68% at 11,333.85.

Foreign portfolio investors (FPIs) sold shares worth Rs 1,888.78 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 456.88 crore in the Indian equity market on 4 September, provisional data showed.

Indian stocks are expected to open on a weak note following weak global cues.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slide 109 points at the opening bell.

Finance Minister Nirmala Sitharaman on Thursday asked banks and NBFCs to roll out loan restructuring scheme for COVID-19 related stress by September 15 and provide adequate support to the borrowers following the lifting of moratorium on repayment of debts. The minister urged lenders to immediately put in place a board-approved policy for resolution at the review meeting with heads of scheduled commercial banks and NBFCs through video conferencing. The six months moratorium on payment of EMIs ended on August 31.

Global markets:

Overseas, Asian stocks are trading lower on Friday following sharp declines on Wall Street overnight.

In US, stocks fell sharply on Thursday as technology-focused stocks lost strength. The Dow Jones Industrial Average dropped 807.77 points, or 2.8%, to 28,292.73 for its biggest one-day decline since June 11. The S&P 500 slid 3.5% to 3,455.06 and the Nasdaq Composite fell by 5% to close at 11,458.10.

Apple shares fell 8% for their biggest one-day decline since March 16. Amazon and Netflix were both down more than 4% and Facebook slid 3.8%. Microsoft slipped 6.2%. Alphabet pulled back by 5.1%.

In economic data, the number of first-time filers for unemployment benefits totaled 881,000 for the week ending August 29, compared to 1.011 million in the prior week, the Labor Department said Thursday. US imports jumped nearly 11% in July, driving the trade gap up to $63.6 billion in the month, the Commerce Department reported Thursday.

Domestic markets:

Back home, benchmark indices ended a lackluster trading session with small losses on Thursday, dragged by private sector banks. The barometer index, the S&P BSE Sensex, fell 95.09 points or 0.24% at 38,990.94. The Nifty 50 index slipped 7.55 points or 0.07% at 11,527.45.

Foreign portfolio investors (FPIs) bought shares worth Rs 7.72 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 120.08 crore in the Indian equity market on 3 September 2020, provisional data showed.

SGX Nifty:

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 24 points at the opening bell.

FM meeting:

Finance Minister Nirmala Sitharaman will hold a review meeting with heads of banks and NBFCs on September 3 for smooth and speedy implementation of the one-time debt recast for resolution of COVID-19 related stress in bank loans.

Global markets:

Overseas, Asian stocks are trading higher on Thursday after the S&P 500 cruised to another record overnight.

Activity in Japan's services sector contracted at a faster pace in August. The final Jibun Bank Japan Services Purchasing Managers' Index (PMI) inched down to a seasonally adjusted 45.0 in August from 45.4 in the previous month, pressured by weakening new business and business expectations.

In US, markets rose sharply on Wednesday, continuing a strong start to September for the market as traders took profits out of high-flying names like Apple and Tesla and snapped up shares in more beaten-down parts of the market.

Domestic markets:

Back home, key equity indices ended with decent gains on Wednesday backed by positive global cues. IT and metal shares were in demand. The barometer index, the S&P BSE Sensex, gained 185.23 points or 0.48% at 39,086.03. The Nifty 50 index rose 64.75 points or 0.56% at 11,535.

Foreign portfolio investors (FPIs) bought shares worth Rs 990.57 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 657.48 crore in the Indian equity market on 2 September, provisional data showed.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 5 points at the opening bell.

Goods and Services tax (GST) collection for the month of August stood at Rs 86,449 crore, slightly less than Rs 87,422 crore collected in July, the government said on September 1. GST collection for the month of August last year stood at Rs 98,202 crore.

Global markets:

Overseas, Asian stocks are trading mostly higher encouraged by buoyant U.S. moves that followed stronger-than-expected manufacturing indicators.

In US, the S&P500 and the Nasdaq hit new highs on Tuesday with technology leading the charge as Apple, Zoom Video soared, and on the macro front, better-than-expected data on US manufacturing sector data gave optimism about economic recovery.

The US Trade Representative's office said on September 1 it has reportedly extended China tariff exclusions for a wide range of goods, including smart watches and certain medical masks, through the end of 2020, rather than renewing the previous one-year extension. In a Federal Register notice, USTR said the extensions were applied to products excluded from its 7.5% Section 301 tariffs imposed a year ago on some $300 billion worth of Chinese goods a year ago amid tense trade talks between the world's two largest economies. The products included a number of Bluetooth and wearable data-transmitting devices, such as those imported from China by Apple Inc, FitBit, Sonos and other technology companies.

Domestic markets:

Back home, benchmark indices ended with modest gains on Tuesday, rebounding from previous session's selloff. The barometer index, the S&P BSE Sensex, gained 272.51 points or 0.71% at 38,900.80. The Nifty 50 index rose 82.75 points or 0.73% at 11,470.25.

Foreign portfolio investors (FPIs) bought shares worth Rs 486.09 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 775.23 crore in the Indian equity market on 1 September, provisional data showed.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 72 points at the opening bell.

India's GDP contracted 23.9% in Q1 June 2020 compared to the same period last year, showed official data released by the National Statistics Office (NSO) on Monday. This was mainly on account of limited economic activity in the country during the quarter amid lockdowns to control the spread of the coronavirus pandemic. The economy expanded 3.1% year-on-year in the quarter ended March 2020.

Global markets:

Overseas, Asian stocks are trading mixed Tuesday as a private survey showed Chinese manufacturing activity in August expanding at its fastest pace in nearly 10 years.

The Caixin/Markit manufacturing Purchasing Managers' Index (PMI) came in at 53.1 for August, compared to 52.8 in July. PMI readings above 50 indicate expansion, while those below that signal contraction.

Japan's factory activity contracted at the slowest pace in six months in August. Tuesday's final au Jibun Bank Manufacturing Purchasing Managers' Index (PMI) rose to a seasonally adjusted 47.2 in August from 45.2 in July. It marked the slowest contraction since February, and also eclipsed a preliminary reading of 46.6.

South Korea's manufacturing activity shrank at the slowest pace in six months in August. The IHS Markit purchasing managers' index (PMI) rose to 48.5 in August from 46.9 in July.

In US, stocks were mixed on Monday. Declines in bank stocks pressured both the Dow and S&P 500. The Dow slid 223.82 points, or 0.8%, to 28,430.05 and the S&P 500 dipped 0.2% to close at 3,500.31. JPMorgan Chase, Citigroup, Bank of America and Wells Fargo were all down more than 2%, following Treasury yields lower.

The Nasdaq Composite outperformed with a 0.7% gain and ended the day at 11,775.46. The Nasdaq got a lift after two big stock splits took effect Monday. Apple shares gained 3.4% as a 4-for-1 split took effect. Tesla shares added 12.6% following its 5-for-1 split.

Domestic markets:

Back home, key domestic benchmarks ended sharply lower on Monday, snapping a six-day rising streak. Rising COVID-19 cases, Sebi's new margin rule and India-China geopolitical tension weighed on stocks. The barometer index, the S&P BSE Sensex, dropped 839.02 points or 2.13% at 38,628.29. The Nifty 50 index fell 260.10 points or 2.23% at 11,387.50. The index jumped 3% in the the past six sessions.

Foreign portfolio investors (FPIs) sold shares worth Rs 3,395.49 crore, while domestic institutional investors (DIIs), were net buyers to the tune of Rs 680.88 crore in the Indian equity market on 31 August, provisional data showed.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 62 points at the opening bell. On the macro front, the National Statistical Office is scheduled to release its estimates of gross domestic product (GDP) for the first quarter of this fiscal on 31 August 2020.

Unlock 4 guidelines:

Ministry of Home Affairs on Saturday released the Unlock 4 guidelines. Starting September 1, people will no longer need to get e-passes or register their details on government websites to travel anywhere within the country. Under Unlock 4, all activities and facilities except cinema halls, swimming pools, entertainment parks, theatres (excluding open air theatre) and similar places, will be allowed. It notified that schools, colleges and other educational institutions will remain closed up to September 30 in view of Covid-19 pandemic.

Global markets:

Overseas, Asian stocks notched a 29-month high on Monday as investors wagered monetary and fiscal policies globally would stay super stimulatory for a protracted period.

China's factory activity grew at a slower pace in August. The official manufacturing Purchasing Manager's Index (PMI) fell slightly to 51 in August from 51.1 in July, data from the National Bureau of Statistics showed on Monday. It remained above the 50-point mark that separates growth from contraction on a monthly basis.

Japan's factory output rose for a second straight month in July. Ministry of Economy, Trade and Industry (METI) data showed Japan's industrial output grew 8% in July from the previous month, following a 1.9% increase in June.

South Korea's factory output grew for a second straight month in July. Industrial production in July rose by a seasonally-adjusted 1.6% from a month earlier, Statistics Korea said on Monday, down from 7.2% in June.

In US, stocks closed modestly higher Friday, with the Dow Jones Industrial Average erasing its losses for the year to date and the S&P 500 and Nasdaq indexes carving out fresh record closes.

The Dow Jones industrial average jumped 161.60 points, or 0.6 percent, to settle at 28,653.87, which put the blue-chip index in positive territory for the year and pulled it within a few percentage points of the all-time high set in February. Walmart and Coca-Cola led the way for the Dow, rising 2.7% and 3.3%, respectively.

The S&P 500 rose 23.46 points, or 0.7%, to close at 3,508.01. It was the index's first-ever close above 3,500. Tech and energy were the best-performing sectors in the S&P 500, gaining 1.1% and 1.9%, respectively. The Nasdaq Composite advanced 70.30 points, 0.6%, to 11,695.63.

On the data front, U.S. consumer spending rose 1.9% in July, the Commerce Department said. Personal income was also stronger than expected, rising 0.4%. The final reading of the University of Michigan's August consumer sentiment index came in at 74.1 versus a preliminary reading of 72.8 and up from 72.5 in July.

Domestic markets:

Back home, domestic equity benchmarks ended with significant gains on Friday after the US Federal Reserve said it might keep interest rates low even if inflation rises, in a major overhaul to its strategy. The barometer index, the S&P BSE Sensex, advanced 353.84 points or 0.90% at 39,467.31. The Nifty 50 index gained 88.35 points or 0.76% at 11,647.60.

Foreign portfolio investors (FPIs) bought shares worth Rs 1,004.11 crore, while domestic institutional investors (DIIs), were net sellers to the tune of Rs 543.56 crore in the Indian equity market on 28 August, provisional data showed.