scorecardresearchBefore Market Opens: 9 things to know at 9 am on April 26, 2022

Before Market Opens: 9 things to know at 9 am on April 26, 2022

Updated: 26 Apr 2022, 08:36 AM IST
TL;DR.

The market is likely to open flat but in the green on Tuesday, snapping 2 sessions of losses amid mixed global cues. At 8:20 am, the SGX Nifty was trading 23 points or 0.14 percent higher at 17,152, indicating a flat-to-positive opening for the Indian markets. Let's take a look at some key market cues before the market opens today:

Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks. Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks.

Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks. Wall Street rose on Monday, with the Nasdaq ending sharply higher after Twitter agreed to be bought by billionaire Elon Musk, sparking a late day rally in growth stocks.

Markets in Asia-Pacific traded mixed on Tuesday morning as investors are set to closely watch market reaction to COVID fears in China as Beijing expands mass testing. Japan's Nikkei 225 rose 0.17 percent, while the Topix was flat. South Korea's Kospi rose 0.55 percent. Australian stocks however fell as trading resumed from a holiday on Monday. The S&P/ASX 200 plummeted 2.34 percent in early trade.

Markets in Asia-Pacific traded mixed on Tuesday morning as investors are set to closely watch market reaction to COVID fears in China as Beijing expands mass testing. Japan's Nikkei 225 rose 0.17 percent, while the Topix was flat. South Korea's Kospi rose 0.55 percent. Australian stocks however fell as trading resumed from a holiday on Monday. The S&P/ASX 200 plummeted 2.34 percent in early trade.

Indian indices fell around a percent on Monday following losses across global peers as investors remained concerned about aggressive tightening by US Fed. The Sensex ended 617 points lower at 56,580 while the Nifty settled 218 points lower at 16,954.

Indian indices fell around a percent on Monday following losses across global peers as investors remained concerned about aggressive tightening by US Fed. The Sensex ended 617 points lower at 56,580 while the Nifty settled 218 points lower at 16,954.

At 8:20 am, the SGX Nifty was trading 23 points or 0.14 percent higher at 17,152, indicating a flat-to-positive opening for the Indian markets.

At 8:20 am, the SGX Nifty was trading 23 points or 0.14 percent higher at 17,152, indicating a flat-to-positive opening for the Indian markets.

Oil slumped about 4 percent on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. Brent futures fell $4.33, or 4.1 percent, to settle at $102.32 a barrel, while US West Texas Intermediate (WTI) crude fell $3.53, or 3.5 percent, to settle at $98.54.

Oil slumped about 4 percent on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. Brent futures fell $4.33, or 4.1 percent, to settle at $102.32 a barrel, while US West Texas Intermediate (WTI) crude fell $3.53, or 3.5 percent, to settle at $98.54.

Oil slumped about 4 percent on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. Brent futures fell $4.33, or 4.1 percent, to settle at $102.32 a barrel, while US West Texas Intermediate (WTI) crude fell $3.53, or 3.5 percent, to settle at $98.54.

Oil slumped about 4 percent on Monday to its lowest in two weeks on growing worries about the global energy demand outlook due to prolonged COVID-19 lockdowns in Shanghai and potential increases in US interest rates. Brent futures fell $4.33, or 4.1 percent, to settle at $102.32 a barrel, while US West Texas Intermediate (WTI) crude fell $3.53, or 3.5 percent, to settle at $98.54.

The rupee declined by 25 paise to close at 76.42 against the US currency on Monday due to forex outflows and a strong dollar.

The rupee declined by 25 paise to close at 76.42 against the US currency on Monday due to forex outflows and a strong dollar.

Spot gold was down 0.35 percent at $1,927.30 an ounce at 7:41 am on Tuesday.

Spot gold was down 0.35 percent at $1,927.30 an ounce at 7:41 am on Tuesday.

Foreign institutional investors (FII) net sold Indian shares worth  <span class='webrupee'>₹</span>3,302.9 crore on Monday, according to provisional exchange data. However, domestic institutional investors (DIIs) made net purchases of  <span class='webrupee'>₹</span>1,870.5 crore.

Foreign institutional investors (FII) net sold Indian shares worth 3,302.9 crore on Monday, according to provisional exchange data. However, domestic institutional investors (DIIs) made net purchases of 1,870.5 crore.

First Published: 26 Apr 2022, 08:36 AM IST