Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 48 points at the opening bell.

Overseas, most Asian markets are trading higher as investors await US Federal Reserve's interest rate decision.

US stocks ended higher on Tuesday as the impact of weekend attacks on Saudi Arabia's biggest oil refinery faded.

Investors are looking forward to a meeting of the Federal Reserve's interest-rate setting committee concluding Wednesday, after which Chairman Jerome Powell will announce the central bank's latest policy decision. Expectations are that the Fed will cut interest rates a second time this year.

On the data front, U.S. industrial production rose 0.6% in August, the Fed said Tuesday. Capacity utilization increased by 0.4 percentage point to 77.9%. Separately, the National Association of Home Builders' monthly confidence index increased one point to 68 in September, matching the highest reading in a year, the trade group said Tuesday.

Back home, key benchmark indices tumbled for second consecutive day on Tuesday, following a surge in global crude oil prices after attacks on Saudi Arabia's oil facilities. The barometer index, the S&P BSE Sensex, fell 642.22 points or 1.73% to 36,481.09. The Nifty 50 index fell 185.90 points or 1.69% to 10,817.60.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 808.29 crore yesterday, 17 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 85.76 crore yesterday, 17 September 2019, as per provisional data.

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

Overseas, most Asian stocks were trading lower as threat of military action over the attacks on Saudi oil facilities.

US stocks fell on Monday after weekend attacks on Saudi Arabia's oil facilities added to investors' concerns about geopolitical risk and a stumbling global economy.

Back home, key equity benchmarks declined on Monday, following a surge in global crude oil prices after attacks on Saudi Arabia's oil facilities. The barometer index, the S&P BSE Sensex, fell 261.68 points or 0.70% to 37,123.31. The Nifty 50 index fell 72.40 points or 0.65% to 11,003.50.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 751.26 crore yesterday, 16 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 308.56 crore yesterday, 16 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could slump 117 points at the opening bell. Finance Minister Nirmala Sitharaman announced further relief measures with a focus on reviving the housing and export sectors. However, a surge in oil prices may weigh on markets adversely.

Oil prices retreated on Monday after hitting their highest since May at the open, on fears over supply disruptions following an attack on Saudi Arabia's oil facilities on Saturday that cut more than 5% of global oil supply.

Finance Minister Nirmala Sitharaman on Saturday, 14 September 2019 announced a fresh set of relief measures to boost exports and housing sector. The first one is a new export promotion scheme for the remission of duties or taxes on export products. This scheme will completely replace Merchandise Exports from India Scheme (MEIS) and Rebate of State Levies (ROSL).

On the macro front, India's merchandise exports declined 6% to US$ 26.13 billion in August 2019 over a year ago. Meanwhile, merchandise imports dipped 13.4% to US$ 39.58 billion. The trade deficit narrowed 24.9% to US$ 13.45 billion in August 2019 from US$ 17.39 billion in August 2018.

India's services exports increased 8.7% to US$ 19.08 billion in July 2019 over July 2018. Meanwhile, India's services imports jumped 18.2% to US$ 12.83 billion in July 2019. India's services trade surplus declined 6.7% to US$ 6.26 billion in July 2019 from US$ 6.70 billion in July 2018.

Overseas, Asian stocks were trading mixed with Japan shut for a public holiday.

US stocks ended mixed on Friday as a drop in Apple stock countered cooling US-China trade tensions. Tariff-vulnerable industrials helped keep the blue-chip Dow in positive territory, which has now gained in eight straight sessions, its longest winning streak since May 2018.

Back home, key equity benchmarks ended the volatile session with strong gains on Friday. Rate sensitive banks, realty and auto stocks were in demand. Investors' sentiment got a boost as improving US-China trade relations and a rate cut from the European Central Bank (ECB) eased fears of a global economic slowdown. The barometer index, the S&P BSE Sensex, rose 280.71 points or 0.76% to 37,384.99. The Nifty 50 index rose 93.10 points or 0.85% to 11,075.90.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 405.45 crore on Friday, 13 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 209.56 crore on Friday, 13 September 2019, as per provisional data.

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

India's industrial production (base year 2011-12=100) improved 4.3% in July 2019, while showing acceleration in growth from four-month low of 1.2% in June 2019. However, the industrial production growth for June 2019 was revised downwards to 1.2% from 2% as reported provisionally.

The all-India general CPI inflation was nearly steady at 3.21% in August 2019 (new base 2012=100), compared with 3.15% in July 2019.

Overseas, Asian stocks were trading higher on Friday as hints of progress in the US-China trade dispute and aggressive stimulus from the European Central Bank helped to counter worries about a global economic slowdown.

US stocks rose on Thursday, buoyed by positive developments on the US-China trade front and a promise of continued stimulus from the European Central Bank.

The European Central Bank (ECB) approved a fresh stimulus package as expected on Thursday, cutting interest rates and approving a new round of bond purchases to prop up euro zone growth and halt a worrisome drop in inflation expectations. The ECB cut its deposit rate to a record low -0.5% from -0.4% and will restart bond purchases of 20 billion euros a month from November, it said in a statement.

Back home, key equity benchmarks ended with modest losses on Thursday. The broader market was positive, buoyed by signs of de-escalation in the US-China trade war. The barometer index, the S&P BSE Sensex, fell 166.54 points or 0.45% to 37,104.28. The Nifty 50 index declined 54.65 points or 0.50% to 10,981.05.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 783.55 crore yesterday, 12 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 126.82 crore yesterday, 12 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 28.90 points at the opening bell. India's retail inflation rate for August 2019 and industrial production figures for July 2019 will be announced today, 12 September 2019.

Monsoon rains in India were above average, the weather office said yesterday, 11 September 2019. The IMD said that for the country as a whole, cumulative rainfall during this year's monsoon from 1 June till 11 September was 3% above the Long Period Average (LPA). The June-September southwest monsoon is critical for the country's agriculture because a considerable part of the country's farmland is dependent on the rains for irrigation.

Overseas, Asian stocks are trading higher on Thursday on hopes for a thaw in US-China trade frictions and expectations that the European Central Bank will kick off another wave of monetary easing by global central banks.

US stocks moved higher on Wednesday, led by tariff-sensitive technology and industrial stocks after China extended an olive branch ahead of next month's trade negotiations with the United States.

Back home, key equity benchmarks ended with decent gains on Wednesday, tracking positive global cues. Easing US-China tensions buoyed trading sentiment across the global stock markets. The barometer index, the S&P BSE Sensex, rose 125.37 points or 0.34% to 37,270.82. The Nifty 50 index rose 32.65 points or 0.30% to 11,035.70.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 266.89 crore yesterday, 12 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1132.42 crore yesterday, 12 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 6 points at the opening bell.

Fitch Ratings on Tuesday forecasted India's economic growth at 6.6% during the current year, down from 6.8% in the previous year, and said the government has only limited room to ease fiscal policy because of high debt. It said GDP growth is likely to rebound to 7.1% next year.

Overseas, Asian stocks are trading higher on Wednesday on hopes of diminishing US-China tensions and reduced risk of no-deal Brexit.

US stocks ended on a mixed note on Tuesday, with a rally in energy and industrial shares countering a drop in the technology and real estate sectors as investors favoured value over growth.

Back home, The domestic stock market were shut yesterday, 10 September 2019, on account of Muharram.

Key equity benchmarks reversed early losses and ended with modest gains on Monday, amid positive global cues. The barometer index, the S&P BSE Sensex, rose 163.68 points or 0.44% to 37,145.45. The Nifty 50 index rose 56.85 points or 0.52% to 11,003.05.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 188.08 crore on Monday, 9 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 686.47 crore on Monday, 9 September 2019, as per provisional data.

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

Overseas, Asian stocks were trading higher on Monday, as investors pinned expectations on likely stimulus to support growth in the world's major economies.

In US, the Dow and S&P 500 booked slight gains on Friday, but the Nasdaq slumped as investors digested a mixed US jobs report and bet on a Federal Reserve interest rate cut this month.

Fed Chairman Jerome Powell, meanwhile, described the economy and labor market as healthy, speaking at a question-and-answer in Switzerland after the jobs report.

The Labor Department said the U.S. economy added 130,000 jobs in August, down from the 159,000 jobs added in July. The unemployment rate remained steady at 3.7%, while average hourly earnings rose 0.4% month-over-month and 3.2% year-over-year.

Back home, key equity benchmarks ended with modest gains on Friday, tracking gains in global peers amid easing US-China trade tensions. The barometer index, the S&P BSE Sensex, rose 337.35 points or 0.92% to 36,981.77. The Nifty 50 index rose 98.30 points or 0.91% to 10,946.20.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 957.05 crore on Friday, 6 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1207.20 crore on Friday, 6 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 23 points at the opening bell.

Overseas, Asian stocks were trading higher on Friday amid signs of easing US-China trade tensions.

US stocks surged on Thursday on expectations of a de-escalation in trade tensions after Washington and Beijing agreed to hold high-level talks next month, while strong US economic data eased fears of a domestic slowdown.

As per reports, China and the US have agreed to hold the next round of trade negotiations in Washington in early October to end the bruising trade war following an agreement that both sides will jointly take concrete actions to create favourable conditions for the talks.

Back home, the Sensex ended with small losses while the Nifty ended almost flat on Thursday. Gains in auto stocks were negated by losses in banks stocks. The barometer index, the S&P BSE Sensex, fell 80.32 points or 0.22% to 36,644.42. The Nifty 50 index rose 3.25 points or 0.03% to 10,847.90.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 561.17 crore yesterday, 5 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 699.31 crore yesterday, 5 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 8 points at the opening bell.

Overseas, Asian stocks were trading higher on Thursday after China's Ministry of Commerce reportedly said Thursday that the leaders of the US and Chinese trade talks agreed to meet in early October for another round of negotiations.

The two sides agreed to hold another round of trade negotiations in Washington, D.C., at the beginning of next month, and consultations will be made in mid-September in preparation for the meeting, reports indicated.

US stocks advanced on Wednesday, after robust economic data from China, easing tensions in Hong Kong and British lawmakers' approval of a law to delay Brexit provided relief to investors worried about global growth.

In Europe, lawmakers in the United Kingdom defeated British Prime Minister Boris Johnson in parliament on Wednesday, preventing the country from leaving the European Union without a formal deal on October 31.

Back home, local stocks snapped their two-day losing streak to settle with modest gains on positive global cues. The barometer index, the S&P BSE Sensex, rose 161.83 points or 0.44% to 36,724.74. The Nifty 50 index rose 46.75 points or 0.43% to 10,844.65.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1738.49 crore yesterday, 4 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1304.58 crore yesterday, 4 September 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 47 points at the opening bell.

Overseas, Asian stocks were mostly higher on Wednesday after a private survey showed China's services sector activity jumping to a three month high in August. The Caixin/Markit Services Purchasing Managers' Index came in at 52.1 in August, its highest since May.

US stocks fell on Tuesday as investors worried about global growth prospects after a private survey showed US factory activity shrank in August for the first time since 2016 and the United States and China imposed new tariffs on each other over the weekend.

In Europe, a cross-party alliance defeated British Prime Minister Johnson in parliament in an effort to block a “no-deal” Brexit. The vote led Johnson to push for a snap election.

Back home, the market ended steeply lower on Tuesday, after data last week showed India's gross domestic product (GDP) growth moderated to 5% in Q1 June 2019. The barometer index, the S&P BSE Sensex, fell 769.88 points or 2.06% to 36,562.91. The Nifty 50 index fell 225.35 points or 2.04% to 10,797.90.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 2,016.20 crore yesterday, 3 September 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1251.35 crore yesterday, 3 September 2019, as per provisional data.

Local stocks are likely to open on a flat note as trading resumes after a long weekened. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 8 points at the opening bell. Markets will react to gross domestic product data which grew at slowest pace since 2013. Public sector banks may be in focus after the government unveiled mega merger of state-run banks.

India's gross domestic product (GDP) growth moderated to 25-quarters low of 5% in Q1 of 2019-20 from 5.8% growth recorded in the previous quarter and 8% improvement in the corresponding quarter last year. Quarterly Gross Value Added (GVA) growth also eased to 4.9% in Q1 of 2019-20 from 5.7% in Q4 of 2018-19 and 7.7% in Q1 of 2018-19. The data was announced after market hours on Friday, 30 August 2019.

Growth of eight core industries dropped to 2.1% in July 2019. The eight core sector industries - coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity had expanded by 7.3% in July 2018.The data was announced after market hours on Friday, 30 August 2019.

In a press briefing after market hours on Friday, 30 August 2019, finance minister announced that Punjab National Bank (PNB), Oriental Bank of Commerce (OBC) and United Bank of India will be merged. The combined entity will be second largest PSU bank in India with business of Rs 17.94 lakh crore. It will have second largest banking network in India with 11,437 branches.

Union Bank of India, Andhra Bank and Corporation Bank will be also merged. The entity will be fifth largest public sector bank with business of Rs 14.59 lakh crore. Canara bank and Syndicate Bank will be merged. The entity will be fourth largest public sector bank with business of Rs 15.20 lakh crore. Finance minister also announced that Indian Bank and Allahabad Bank will be merged. The entity will be seventh largest public sector bank with business of Rs 8.08 lakh crore.

In place of fragmented lending capacity with 27 public sector banks in 2017, now there will be 12 public sector banks post the latest round of consolidation of PSU banks. The consolidation of public sector banks will give them scale, FM said.

Overseas, Asian stocks were mixed on Tuesday as the US-China trade tensions continue to rise after China lodged a complaint against the United States at the World Trade Organization over US import duties.

US stocks ended with a lackluster session on Friday as investors were cautious ahead of a holiday weekend in which a fresh round of US tariffs on Chinese imports were due to be levied. US President Donald Trump said the sides would still meet for talks later this month. Trump said his goal was to reduce US reliance on China and he again urged American companies to find alternate suppliers outside China.

The United States began imposing 15% tariffs on a variety of Chinese goods on Sunday - including footwear, smart watches and flat-panel televisions - as China began imposing new duties on US crude, the latest escalation in a bruising trade war.

In Europe, British Prime Minister Boris Johnson indicated he could call an election to stymie lawmakers' efforts to avert a no-deal Brexit.

Back home, the domestic stock market bounced back on Friday, amid positive global cues on hopes that the United States and China may resolve their tariff dispute. The barometer index, the S&P BSE Sensex, rose 263.86 points or 0.71% to 37,332.79. The Nifty 50 index rose 74.95 points or 0.68% to 11,023.25.

Local stock markets were closed on Monday, 2 September 2019 on account of Ganesh Chaturthi.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 1162.95 crore on Friday, 30 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1502.27 crore on Friday, 30 August 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 18 points at the opening bell. On the macro front, GDP and infrastructure output data will be closely watched.

India's Q2 gross domestic product (GDP) growth data will be released after market hours today, 30 August 2019. The Indian economy advanced 5.8% year-on-year in the first quarter of 2019, slowing from a 6.6% expansion in the previous period.

Infrastructure output data for July will also be unveiled after market hours today, 30 August 2019. India's infrastructure output grew 0.2% from a year earlier in June 2019.

Overseas, Asian stocks were trading higher on Friday following hints from Beijing that it will not retaliate against the latest round of tariffs from Washington for now. The Bank of Korea left its benchmark interest rate unchanged on Friday. The central bank had cut its base rate for the first time in three years in July.

US stocks advanced Thursday after Beijing indicated it wasn't in a rush to respond to the latest round of tariffs imposed by Washington.

A spokesman for China's commerce ministry reportedly said the country wouldn't immediately respond to the latest round of tariff increases announced by President Donald Trump on Friday. Those increases came after Beijing announced a round of retaliatory tariffs.

In economic data, revision of second-quarter GDP growth showed the U.S. economy growing at a 2% annual rate rather than the previously reported 2.1%.

Back home, the key domestic equity indices declined for second consecutive day yesterday, 29 August 2019 amid weakness in financial stocks. Fears of a global recession, ongoing US-China trade tensions and uncertainty over Brexit spoiled investor sentiment. The barometer index, the S&P BSE Sensex, fell 382.91 points or 1.02% to 37,068.93. The Nifty 50 index fell 97.80 points or 0.89% to 10,948.30.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 986.58 crore yesterday, 29 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 489.23 crore yesterday, 29 August 2019, as per provisional data.

Local stocks are likely to see negative opening despite the Union Cabinet yesterday, 28 August 2019, relaxing Foreign Direct Investment (FDI) norms in several sectors. Trading could be volatile as traders roll over positions in the F&O segment from the near month August 2019 series to September 2019 series. The August 2019 F&O contracts expire today, 29 August 2019.

Among stocks, Nestle India will be included and Indiabulls Housing Finance will be removed from the Nifty 50 index from 27 September 2019.

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

The Union Cabinet after market hours yesterday, 28 August 2019, relaxed Foreign Direct Investment (FDI) norms in several sectors. Cabinet approved 26% FDI with government approval for digital news media and 100% FDI via automatic route for coal mining and ancillary activities.

Cabinet eased local sourcing norms for FDI in single brand retail. Single-brand retailers allowed to open online stores before setting up brick-and-mortar shops. Cabinet approves 100% FDI in contract manufacturing and approved export subsidy for 60 lakh metric tonne of sugar.

Overseas, Asian stocks were trading lower on Thursday as economic turbulence from intensifying US-China frictions and the spectre of a no-deal Brexit drove investors to safer harbours.

US stocks climbed on Wednesday on gains in energy and financial shares. Meanwhile, the White House is scheduled to impose the first stage of U.S. tariffs on $300 billion worth of Chinese imported goods on Sunday, when China is set to respond with tariffs on U.S. products also.

In Europe, U.K. Prime Minister Boris Johnson announced plans to suspend parliament until October 14, less than three weeks before the Britain's scheduled exit from the European Union on October 31. The move is seen as increasing the chances of a no-deal Brexit that economists estimate could deal a significant blow to economic growth in the U.K and Europe.

Back home, key equity benchmarks snapped three-day winning streak yesterday, 28 August 2019 amid broad based selling pressure. Concerns about a global recession spoiled trading sentiment. The barometer index, the S&P BSE Sensex, fell 189.43 points or 0.50% to 37,451.84. The Nifty 50 index fell 59.25 points or 0.53% to 11,046.10.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 935.27 crore yesterday, 28 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 359.32 crore yesterday, 28 August 2019, as per provisional data.

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

Overseas, Asian stocks were trading on a mixed note on Wednesday, as deeper worries about the global economy kept a lid on sentiment.

US stocks slipped on Tuesday, weighed down by financial stocks as a deepening of the Treasury yield curve inversion raised US recession worries and uncertainty over any progress in trade negotiations between the United States and China took a toll.

Back home, domestic shares rose for a third straight trading session on Tuesday. Easing global trade war worries and expectations of more stimulus measures by the government boosted sentiment. A huge dividend from the Reserve Bank of India (RBI) to the government also supported buying. The barometer index, the S&P BSE Sensex, rose 147.15 points or 0.39% to 37,641.27. The Nifty 50 index rose 47.50 points or 0.43% to 11,105.35.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 923.94 crore yesterday, 27 August 2019 as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1162.65 crore yesterday, 27 August 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could surge 90 points at the opening bell.

Meanwhile, the Reserve Bank of India (RBI) will transfer a surplus of Rs 1.76 lakh crore to the government as it has approved the recommendations of Bimal Jalan committee at the central board meet held yesterday, 26 August 2019.

Overseas, Asian stocks were trading higher on signs Sino-US trade hostilities might be easing helped restore investor confidence after the previous session's rout.

US stocks rose on Monday, following a sharp sell-off in the prior session, after US President Donald Trump predicted a trade deal with China, cooling investor concerns after a ramp-up in rhetoric derailed markets last week.

President Donald Trump, under pressure to scale back a US-China trade war partly blamed for a global economic slowdown, claimed on August 26 that the two sides will begin serious negotiations soon.

Back home, key equity barometers posted robust gains yesterday, 26 August 2019 in a highly volatile session. The 30-share Sensex rose 792.96 points or 2.16% to 37,494.12. The Nifty 50 index jumped 228.50 points or 2.11% to 11,057.85.

The buying was triggered by finance minister Nirmala Sitharaman announcing measures to revive the economy. Sitharaman after market hours on Friday, 23 August 2019, said the government has withdrawn the surcharge on foreign portfolio investors (FPIs), which she had unveiled in her budget for the fiscal year ending March 2020.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 752.90 crore yesterday, 26 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1272.29 crore yesterday, 26 August 2019, as per provisional data.

Local stocks are likely to open on a strong note after Finance Minister Nirmala Sitharaman announced rollback of FPI surcharge and a slew of measures to revive economy. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could jump 84 points at the opening bell. However, strong gains may be capped due to weak global stocks on escalating US-China trade war.

Finance Minister Nirmala Sitharaman after market hours on Friday, 23 August 2019 said the government decided to withdraw the surcharge on foreign portfolio investors (FPIs), which she had unveiled in her budget for the fiscal year ending March 2020.

For the banking sector, FM announced upfront release of Rs 70,000 crore, additional lending and liquidity to the tune of about Rs 5 lakh crore by providing upfront capital to public sector banks.

To support to non-banking financial companies (NBFCs)/housing finance companies (HFCs), FM announced additional liquidity support to HFCs Rs 20,000 crore by NHB thereby increasing it to Rs 30,000 crore.

To boost infrastructure sector, FM announced Rs 100 lakh crores for developing modern infrastructure over 5 years.

Moody's Investors Service on Friday cut India's GDP growth forecast for 2019 calendar year to 6.2% from the previous estimation of 6.8%. For 2020 calendar year, it reduced the estimate by a similar measure to 6.7%. Moody's said that the weaker global economy has stunted Asian exports and the uncertain operating environment has weighed on investment.

Overseas, Asian stocks fell Monday following an escalation in the US-China trade war late last week.

US stocks ended sharply lower Friday as the US-China trade war intensified further, after President Donald Trump said he's ordering American companies to start looking for an alternative to China, while readying additional measures after Beijing imposed retaliatory tariffs on imports of US goods.

China announced new tariffs of 5% and 10% on $75 billion in U.S. imports, set to go into effect in two tranches, on Sept. 1 and Dec. 15, respectively. The Chinese government said that the move was in response to the Trump administration's plans to institute 10% tariffs on $300 billion in Chinese imports, also in two stages and on the same dates, announced earlier in August.

Federal Reserve Chairman Jerome Powell left the door open for another interest rate cut in September in a widely anticipated speech in Jackson Hole, Wyoming.

Back home, the market ended with decent gains on Friday, reversing early losses. The 30-share BSE Sensex rose 228.23 points or 0.63% to 36,701.16. The Nifty 50 index rose 88 points or 0.82% to 10,829.35.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1737.20 crore on Friday, 23 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1548.49 crore on Friday, 23 August 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 19 points at the opening bell.

Overseas, Asian shares were trading mixed on Friday before US Federal Reserve Chair Jerome Powell's address at the Jackson Hole summit.

US stocks ended mixed on Thursday as a fall in US jobless claims offset data showing a contraction in US manufacturing activity while investors awaited Federal Reserve Chair Jerome Powell's speech on Friday for clues on the central bank's monetary policy.

In economic data, the number of Americans filing applications for unemployment benefits fell sharply last week, suggesting the labor market was holding firm despite a manufacturing slowdown and concerns the economy is on a path toward recession.

Back home, the market declined for the third straight day on Thursday, dragged by metal, auto and banks shares. The 30-unit BSE Sensex slumped 587.44 points or 1.59% to 36,472.93. The Nifty 50 index fell 180.95 points or 1.67% to 10,737.75.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 902.99 crore yesterday, 22 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1719.07 crore yesterday, 22 August 2019, as per provisional data.

Key indices are headed for negative start. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 19 points at the opening bell.

As per the minutes of the MPC meeting released yesterday, 21 August 2019, all six members of the monetary policy committee (MPC) voted unanimously on cutting the policy repo rate to deal with economic slowdown. The Reserve Bank of India announced a 35 basis points cut in the policy repo rate to 5.40% on 7 August 2019 in its third bi-monthly monetary policy review.

The Securities and Exchange Board of India (Sebi) has done away with the broad-based eligibility criteria for foreign portfolio investors (FPIs) to simplify and expedite the registration process for these entities. In its board meeting yesterday, 21 August 2019, Sebi also cleared the proposal to make Central Banks of other countries eligible for FPI registration. They have been recategorised into two categories, instead of the current three categories.

The market regulator said that is currently not in favour of minimum public shareholding for listed companies being hiked to 35% from the current 25%.

Overseas, most Asian stocks were trading higher on Thursday after Wall Street got a boost from strong retail results, while bonds retreated as US policy makers sounded conflicted on whether to cut interest rates as sharply as markets were wagering.

Wall Street's main indexes rose on Wednesday as upbeat earnings from retailers pointed to strength in US consumer demand, and held gains after minutes from last month's Federal Reserve meeting showed policymakers had debated a more aggressive interest rate cut.

Back home, key equity benchmarks witnessed steep selling pressure Wednesday, dragged by metal and banks stocks. Concerns over a global recession and an escalating US-China trade war spoiled investors' sentiment. The Sensex fell 267.64 points or 0.72% to settle at 37,060.37. The Nifty 50 index fell 98.30 points or 0.89% to settle at 10,918.70.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 770.81 crore yesterday, 21 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 353.97 crore yesterday, 21 August 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 32 points at the opening bell.

Overseas, Asian shares were trading lower on Wednesday as fresh worries about a global recession led investors to dump risky assets, with US President Donald Trump showing no signs of backing down in his trade war with China.

Financial shares led US stocks lower on Tuesday to end a three-day rally as investors awaited comments from Federal Reserve Chair Jerome Powell at the end of the week.

Back home, the key equity barometers reversed early gains and ended with modest losses on Tuesday. The Nifty managed to end above the crucial 11,000 mark after flirting with that level in intraday. The Sensex fell 74.48 points or 0.20% to settle at 37,328.01. The Nifty 50 index fell 36.90 points or 0.33% to settle at 11,017.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 373.23 crore yesterday, 20 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 296.41 crore yesterday, 20 August 2019, as per provisional data.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 20 points at the opening bell. Shares of Sterling & Wilson Solar will debut on the bourses today, 20 August 2019.

Investors are awaiting any measures the government might announce to spur growth. Finance minister Nirmala Sitharaman last week said that discussions on a possible stimulus package for industry are going on at the highest level and an announcement will come at a right time. Sitharaman held several meetings this month with industry executives, who have called for stimulus measures, including tax rebates, to support consumer demand and private investment.

Overseas, Asian stocks traded higher Tuesday as the People's Bank of China published its new loan prime rates under a new mechanism that was unveiled over the weekend. The new 1-year LPR was set at 4.25%, as compared to 4.31% previously. The 5-year LPR was at 4.85%.

U.S. stocks rallied Monday, lifted by encouraging comments from President Donald Trump and other officials on trade talks, along with a move by China over the weekend to lower borrowing costs for companies.

The Commerce Department said Monday that it has given Chinese telecom giant Huawei Technologies Co. Ltd. another 90-day reprieve during which it can continue to do business with American companies, without the granting of case-by-case licences that would otherwise be needed, after the Commerce Department added it to its “entity list” in May. At the same time, the Commerce Department added another 46 Huawei subsidiaries to the list that will be subject to the full sanctions after 19 November.

Back home, key equity benchmarks wiped off majority of the gains in last hour of session to end marginally higher yesterday, 19 August 2019. The Nifty struggled to hold the 11,100-mark and ended below that level. The S&P BSE Sensex rose 52.16 points or 0.14% to 37,402.49 and the Nifty 50 index rose 6.10 points or 0.06% to 11,053.90.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 305.74 crore yesterday, 19 August 2019, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 386.23 crore yesterday, 19 August 2019, as per provisional data.