Morning News Call - India, December 3



To access a PDF version of this newsletter, please click here Link

If you would like to receive this newsletter via email, please register at: Link

FACTORS TO WATCH

• 10:00 am: Prime Minister Narendra Modi, Finance Minister Nirmala Sitaraman, PMEAC Chairman Bibek Debroy, Reliance Industries Chairman and Managing Director Mukesh Ambani, Kotak Mahindra Bank Managing Director and Chief Executive Uday Kotak and other corporate executives at International Financial Services Centre Authority webinar.

• 3:15 pm: Reserve Bank of India Former Executive Director G. Padmanabhan, Former Deputy Governor Viral Acharya, Former PMEACH member V. Anantha Nageswaran at Almus Rupee Money conference.

• 5:00 pm: IT Minister Ashwini Vaishnaw, Telecommunications Secretary K. Rajaraman, Bharti Enterprises Founder and Chairman Sunil Bharti Mittal, Infosys Chairman Nandan Nilekani at International Financial Services Centre Authority webinar.

INDIA TOP NEWS

• India reports first Omicron cases, no plan to authorise boosters

India reported its first two cases of the Omicron coronavirus variant on Thursday but the government said it had no immediate plan to authorise booster vaccine shots despite demands from lawmakers.

• Ride-hailing firm Ola plans IPO in first half of 2022, readies 'super app'

Indian ride-hailing company Ola plans to go public in the first half of 2022, Chief Executive Officer Bhavish Aggarwal said on Thursday, undeterred by the recent volatility and lackluster listing of some start-ups in the country.

• Bharti Airtel in talks to buy majority stake in Dish TV - report

Indian telecom operator Bharti Airtel is in early talks for a majority stake in broadcast satellite service provider Dish TV India, financial daily Mint reported on Thursday, citing people familiar with the matter.

• Jet Airways in talks with Boeing, Airbus for $12 billion order - BloombergQuint

India's Jet Airways is in talks with planemakers Boeing and Airbus for an order worth $12 billion, BloombergQuint reported on Thursday, citing Bloomberg News.

• Swiggy to invest $700 million in grocery delivery service Instamart

SoftBank-backed Indian food delivery startup Swiggy said on Thursday it would invest $700 million in its grocery delivery service Instamart, to strengthen its footing in a highly competitive domestic market.

• Insurer Star Health's IPO sees 79% subscription as Omicron hits sentiment

Star Health and Allied Insurance Co Ltd's initial public offering (IPO) failed to get fully subscribed by the close of bidding on Thursday, signalling weak investor demand for India's third-biggest listing this year.

• Top buyer India to favour Malaysian palm oil as Indonesian prices rise -association

India is likely to buy more Malaysian palm oil after export levies imposed by top producer Indonesia hit record highs in the past year, B.V. Mehta, executive director of India's Solvent Extractors' Association, said on Thursday.

• Uber to allow users to book rides via WhatsApp in India

U.S. ride-hailing company Uber said on Thursday it would roll out a feature that will allow users in India to book rides via messaging service WhatsApp.

GLOBAL TOP NEWS

• U.S. steps up fight against Omicron as variant marches across globe

President Joe Biden on Thursday laid out his strategy to fight the coronavirus as the highly contagious Omicron spread across the globe with winter coming and hours after the first known U.S. case of community transmission of the variant was reported.

• Didi Global plans to delist from New York, seek listing in Hong Kong

Ride-hailing giant Didi Global said it will delist from the New York stock exchange and pursue a listing in Hong Kong, succumbing to pressure from Chinese regulators concerned about data security.

• U.S. Senate passes bill to avert government shutdown, sends to Biden for signature

The Democratic-controlled U.S. Senate on Thursday passed a bill to fund the government through mid-February, averting the risk of a shutdown after overcoming a bid by some Republicans to delay the vote in a protest against vaccine mandates.

GLOBAL MARKETS

• A broad rally sent Wall Street to a sharply higher close on Thursday, recovering ground lost over recent sessions as market participants snapped up bargains while digesting the implications of a shifting pandemic.

• Stocks fell after Chinese ride-hailing giant Didi said it would delist in New York, renewing concern about U.S.-China tensions and tech regulation, while oil headed for a sixth consecutive weekly drop on Omicron and rate hike worries.

• The dollar ticked higher amid a broadly calmer tone in markets as fears over Omicron's impact eased, but currency moves were muted ahead of a key U.S. payrolls report that could clear the path to earlier Federal Reserve interest rate hikes.

• U.S. Treasury yields rose on Thursday as investors returned to riskier assets and Federal Reserve officials talked up a quicker end to the central bank's bond purchases.

• Oil prices climbed, extending gains after OPEC+ said it would review supply additions ahead of its next scheduled meeting if the Omicron variant hits demand, but prices were still on course for a sixth week of declines.

• Gold was set for a third straight weekly drop, weighed down by signals from Federal Reserve officials that the central bank could end its pandemic-era asset purchases and raise interest rates faster than expected to combat surging inflation.

CLOSE

FII INVESTMENTS EQUITIES

DEBT PNDF spot

74.93/74.96 December 2

(2,757.21) crores (544.45) crores 10-yr bond yield 6.352%

Month-to-date

(7,999) crores

(165) crores

Year-to-date

36,779 crores

1,275 crores

(FII investment numbers are in Indian rupees. Source: National Securities Depository Limited)

For additional data:

India govt bond market volumes

Stock market reports

Non-deliverable forwards data

Corporate debt stories

[IN CORPD]

Local market closing/intraday levels [IN SNAPSHOT]

Monthly inflows

[INFLOWS RTRS TABLE IN]

($1 = 74.97 Indian rupees)

(Compiled by Haneyl Jacob in Bengaluru)

免責聲明: XM Group提供線上交易平台的登入和執行服務,允許個人查看和/或使用網站所提供的內容,但不進行任何更改或擴展其服務和訪問權限,並受以下條款與條例約束:(i)條款與條例;(ii)風險提示;(iii)完全免責聲明。網站內部所提供的所有資訊,僅限於一般資訊用途。請注意,我們所有的線上交易平台內容並不構成,也不被視為進入金融市場交易的邀約或邀請 。金融市場交易會對您的投資帶來重大風險。

所有缐上交易平台所發佈的資料,僅適用於教育/資訊類用途,不包含也不應被視爲適用於金融、投資稅或交易相關諮詢和建議,或是交易價格紀錄,或是任何金融商品或非應邀途徑的金融相關優惠的交易邀約或邀請。

本網站的所有XM和第三方所提供的内容,包括意見、新聞、研究、分析、價格其他資訊和第三方網站鏈接,皆爲‘按原狀’,並作爲一般市場評論所提供,而非投資建議。請理解和接受,所有被歸類為投資研究範圍的相關内容,並非爲了促進投資研究獨立性,而根據法律要求所編寫,而是被視爲符合營銷傳播相關法律與法規所編寫的内容。請確保您已詳讀並完全理解我們的非獨立投資研究提示和風險提示資訊,相關詳情請點擊 這裡查看。

我們運用 cookies 提供您最佳之網頁使用經驗。更改您的cookie 設定跟詳情。

風險提示: 您的資金存在風險。杠杆商品可能不適合所有客戶。 請詳細閱讀我們的風險聲明