Indian shares were poised to open higher on Monday, aided by a broad risk-on sentiment after U.S. data hinted at less aggressive rate hikes, with investors turning focus on corporate health as earnings season kicks off.
India's NSE stock futures listed on the Singapore exchange were up 0.85% at 18,112.50, as of 7:50 a.m. IST on Monday.
Equities were helped by gains seen overnight on Wall Street on Friday, with U.S. payrolls expanding more than expected and easing worries about the Federal Reserve's interest rate-hiking path. Broader Asian equities also got a boost from China re-opening its borders on hopes that it could improve the outlook for the global economy.was set to report third quarter results after market close.
Analysts expect weak Q3 revenue growth for IT services firms, on the back of deteriorating macroeconomic conditions and furloughs in the quarter.Meanwhile, foreign institutional investors extended their selling streak for the eleventh day in a row,Domestic investors bought 10.83 billion rupees worth of shares, as per provisional NSE data.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Kevin McCarthy fails in 14th vote for speaker; House voting to adjourn till MondayRepublican leader Kevin McCarthy failed again after a 14th round of voting for House speaker on Friday night.
Weiterlesen »
Kevin McCarthy fails in 14th vote for speaker; House voting to adjourn till MondayRepublican leader Kevin McCarthy failed again after a 14th round of voting for House speaker on Friday night.
Weiterlesen »
Indian government gets bids for majority stake in IDBI bankThe Indian government has received multiple bids for a majority stake in IDBI Bank , an official said in a tweet on Saturday, after the deadline for expressions of interest closed earlier in the day.
Weiterlesen »
Sinking land forces hundreds to leave Indian temple townLUCKNOW, India (AP) — Authorities in an Indian Himalayan town have stopped construction activities and started moving hundreds of people to temporary shelters after a temple collapsed and cracks appeared in over 600 houses because of sinking of land, officials said Saturday.
Weiterlesen »
NYC weather: Snow, rain could impact Monday morning commuteRain and snow Sunday night could impact your Monday morning commute.
Weiterlesen »