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

Overseas, most Asian stocks were trading lower. Most Southeast Asian markets were closed today, 15 June 2018 for the end of Ramadan. The Bank of Japan meets today, 15 June 2018 with no change to policy expected.

US stock-market indexes closed mostly higher yesterday, 14 June 2018 as the European Central Bank announced that it plans to end its bond-buying program at the end of the year but pledged to keep rates at present levels until at least next summer.

Meanwhile, US President Donald Trump reportedly approved tariffs on about $50 billion of Chinese goods, as the US ratchets up its trade fight with Beijing over China's alleged pressure on USfirms to transfer technology to Chinese partners. It wasn't clear when the tariffs would go into effect.

In Europe, the European Central Bank (ECB) said it would phase out some of its easy-money policies on the back of an improving economic picture in Europe. On interest rates, the ECB said rates will remain at their present all-time lows at least through the summer of 2019.

The ECB said it would continue its program of buying 30 billion euros a month of bonds through September, as planned. The purchase amount will then be reduced in October to 15 billion euros a month and run through the end of December. The purchases will end in December.

Back home, domestic stocks logged modest losses yesterday, 14 June 2018 weighed by negative global cues after the US Federal Reserve raised interest rates and struck a hawkish tone in its latest policy statement. The barometer index, the S&P BSE Sensex, fell 139.34 points or 0.39% to settle at 35,599.82. The Nifty 50 index fell 48.65 points or 0.45% to settle at 10,808.05.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1372.84 crore yesterday, 14 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 576.19 crore yesterday, 14 June 2018, as per provisional data.

Among corporate news, Wipro announced that it signed two multi-year business deals — one with Nokia for the design and digitalisation of Nokia's sales order operations and another with LATAM Cargo, a part of Latin America's LATAM Airlines Group, for cargo management. Wipro, however, did not provide any financial details about the two contracts. Both the announcements were made separately after market hours yesterday, 14 June 2018.

Dr. Reddy's Laboratories announced that it has received final approval from the US Food and Drug Administration (USFDA) and is launching Buprenorphine and Naloxone Sublingual Film, 2 mg/0.5 mg, 4 mg/1 mg, 8 mg/2 mg, and 12 mg/3 mg, a therapeutic equivalent generic version of Suboxone (buprenorphine and naloxone) sublingual film, in the United States market. The product is being launched with an approved Risk Evaluation and Mitigation Strategy (REMS) Program. The announcement was made before market hours today, 15 June 2018.

Buprenorphine and naloxone are used to treat adults with opioid dependence/addiction. Buprenorphine helps suppress withdrawal symptoms caused by discontinuation of opioid drugs, and naloxone reverses and blocks the effect of opioids. This combination of medications is used as part of a complete treatment program including prescription monitoring, counseling, and psychosocial support. The Suboxone brand had US sales of approximately $1.86 billion MAT for the most recent twelve months ending in April 2018 according to IMS Health.

ICICI Bank said it intends to exercise oversubscription option to sell additional 1.43 crore shares in ICICI Prudential Life Insurance Company. The announcement was made after market hours yesterday, 14 June 2018.

On 13 June 2018, ICICI Bank said its board approved the sale of up to 2.87 crore shares, representing up to 2% of the issued and the paid-up equity share capital of ICICI Prudential Life Insurance Company in one or more tranches, in any manner permissible under applicable law, including through an 'offer for sale by promoters through stock exchange mechanism' (OFS), as may be permitted and in the manner specified by the Indian regulatory authorities.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 38 points at the opening bell.

Traders and investors are closely awaiting a series of domestic and global events this week. The wholesale price index (WPI) inflation data will be announced today, 14 June 2018.

On the global front, the European Central Bank (ECB) will hold its policy meeting today, 14 June 2018, in which policy makers are poised to hold formal talks on ending its bond-buying program. The Bank of Japan meets on Friday, 15 June 2018 with no change to policy expected.

Overseas, Asian stocks followed US equities lower as the Federal Reserve struck a hawkish tone in its latest policy statement. US stock benchmarks ended near session lows yesterday, 13 June 2018 as the Federal Reserve completed its second increase to benchmark interest rates in 2018, as expected, but signaled a slightly more aggressive plan to tighten monetary policy this year than had previously been projected.

The Federal Reserve voted to raise its benchmark federal-funds rate by a quarter percentage point to a range of 1.75% to 2%. Policymakers also projected a slightly faster pace of rate increases in the coming months, with two additional hikes expected by the end of this year, compared to one previously. They see another three rate increases next year, a pace unchanged from their previous forecast.

Chairman Jerome Powell said the Fed was comfortable with a return of once-dormant inflation and emphasized the central bank's desire to avoid a policy error that could result in unnaturally inflating asset valuations or pushing the economy into a recession.

Back home, amid a divergent trend among various index constituents, the key benchmark indices settled with small gains amid volatility yesterday, 13 June 2018. The barometer index, the S&P BSE Sensex, rose 46.64 points or 0.13% to settle at 35,739.16. The Nifty 50 index rose 13.85 points or 0.13% to settle at 10,856.70.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 70.77 crore yesterday, 13 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 486.78 crore yesterday, 13 June 2018, as per provisional data.

Among corporate news, HDFC Bank will be watched. The Union Cabinet chaired by the Prime Minister Narendra Modi has approved the proposal for grant of permission to HDFC Bank to raise additional share capital of up to a maximum of Rs 24000 crore, including premium, over and above the previous approved limit of Rs 10000 crore, such that the composite foreign shareholding in the bank shall not exceed 74% of the enhanced paid-up equity share capital of the bank, the Ministry of Finance said in a statement yesterday, 13 June 2018.

The decision would ensure that the composite foreign shareholding in the bank inclusive of all types of foreign investments, both direct and indirect, will not exceed 74% of the enhanced paid-up equity share capital of the bank. It will be subject to Foreign Direct Investment Policy conditionalities and other sectoral regulations / guidelines. The proposed investment is expected to strengthen the capital adequacy ratio of the bank, the statement added.

ICICI Bank said its board approved the sale of up to 2.87 crore shares, representing up to 2% of the issued and the paid-up equity share capital of ICICI Prudential Life Insurance Company in one or more tranches, in any manner permissible under applicable law, including through an 'offer for sale by promoters through stock exchange mechanism' (OFS), as may be permitted and in the manner specified by the Indian regulatory authorities. The announcement was made after market hours yesterday, 13 June 2018.

Lupin announced the launch of its Tobramycin Inhalation Solution USP, having received an approval from the United States Food and Drug Administration (USFDA) earlier. Lupin's Tobramycin Inhalation Solution USP, 300 mg/5 ml is the generic equivalent of Novartis Pharmaceuticals Corporation's Tobi 300 mg/5 ml. It is indicated for the management of cystic fibrosis patients with P. aeruginosa. Tobramycin Inhalation Solution USP, 300 mg/5 ml had annual sales of approximately $99 million in the US (IQVIA MAT April 2018). The announcement was made after market hours yesterday, 13 June 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 20 points at the opening bell.

India's retail inflation in May rose to a four-month high of 4.87% due to costly petrol and diesel, and a weak rupee while industrial production recovered marginally to grow at 4.9% in April, data released by government after market hours yesterday, 12 showed.

Traders and investors are closely awaiting a series of domestic and global events this week. The wholesale price index (WPI) inflation data will be announced on Thursday, 14 June 2018.

On the global front, the US Federal Reserve is expected to raise interest rates Wednesday, 13 June 2018 as the US economy remains solid. European Central Bank rates decision is on Thursday, 14 June 2018 in which policy makers are poised to hold formal talks on ending its bond-buying program. The Bank of Japan meets on Friday, 15 June 2018 with no change to policy expected.

Most Asian stocks were trading lower as investors turned their attention to the major central bank meetings this week. US stock indexes finished higher yesterday, 12 June 2018 as investors put the US-North Korea meeting in the rear-view.

Back home, stocks logged modest gains in steady session of trade yesterday, 12 June 2018 on sustained buying demand in index pivotals. The barometer index, the S&P BSE Sensex, rose 209.05 points or 0.59% to settle at 35,692.52. The Nifty 50 index rose 55.90 points or 0.52% to settle at 10,842.85.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1168.88 crore yesterday, 12 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1327.45 crore yesterday, 12 June 2018, as per provisional data.

Among corporate news, TCS said that its board of directors will meet on 15 June 2018 to consider a proposal for buyback of equity shares of the company. The announcement was made after market hours yesterday, 12 June 2018.

Sun Pharmaceutical Industries (Sun Pharma) announced that it has received the Establishment Inspection Report (EIR) from the US Food and Drug Administration (USFDA) for the inspection conducted at its Halol facility (Gujarat, India) during the period 12-23 February 2018. The agency concluded that the inspection is now closed and the issues contained in the Warning Letter issued in December 2015 have been addressed.

Commenting on the development, Dilip Shanghvi, managing director, Sun Pharma said that this is an important development for the company. Sun Pharma remains committed to following the highest levels of quality and 24x7 cGMP compliance at all its manufacturing facilities globally. The announcement was made after market hours yesterday, 12 June 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 3 points at the opening bell. Marketmen are keenly awaiting a series of domestic and global events this week.

Traders and investors are closely awaiting a series of domestic and global events this week. Consumer price index (CPI)-inflation and index of industrial production (IIP) data is due today, 12 June 2018, while the wholesale price index (WPI) inflation data will be announced on Thursday, 14 June 2018.

On the global front, North Korean leader Kim Jong Un and US President Donald Trump have met at the Capella Hotel in Sentosa island, Singapore for a historic summit, after both sides sought to narrow differences over how to end a nuclear standoff. The historic meeting has come to an end.

UK Prime Minister Theresa May faces votes that could derail her Brexit policy today, 12 June 2018. The US Federal Reserve is expected to raise interest rates Wednesday, 13 June 2018 as the US economy remains solid. European Central Bank rates decision is on Thursday, 14 June 2018 in which officials are poised to hold formal talks on ending its bond-buying program. The Bank of Japan meets on Friday, 15 June 2018 with no change to policy expected.

Overseas, Asian stocks were trading mixed. US stocks shrugged off the weekend's trade drama as investors started a hectic week during which three major central banks set interest rates.

Back home, key benchmark indices logged small gains yesterday, 11 June 2018. The barometer index, the S&P BSE Sensex, rose 39.80 points or 0.11% at 35,483.47. The Nifty 50 index rose 19.30 points or 0.18% at 10,786.95.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1156.77 crore yesterday, 11 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1062.82 crore yesterday, 11 June 2018 as per provisional data.

Among corporate news, ICICI Bank will be watched. With reference to the news item titled, ICICI Bank, Kochhar under SEC lens, the bank clarified to the bourses after market hours yesterday, 11 June 2018, that as a large and internationally active bank with operations and listing of its equity and debt instruments in multiple jurisdictions, the bank is regularly engaged with regulators, including the US SEC, on a range of matters. However, the bank has so far not received any specific communication from the US SEC in relation to the allegations in respect of the managing director & CEO of the bank.

Infosys announced that the voluntary delisting of its American Depositary Shares (ADSs) from the Euronext Paris and Euronext London exchanges has been approved by the board of directors of Euronext Paris SA and by Euronext London. The primary reason for this delisting is the low average daily trading volume of Infosys ADSs on Euronext Paris and Euronext London, which is not commensurate with the related administrative requirements. There will be no change to the Infosys share/ADS count, capital structure or float as a result of the delisting from the above exchanges. Infosys ADSs will continue to be listed on the NYSE under the symbol “INFY” and investors can continue to trade their ADSs on the NYSE as before. The announcement was made after market hours yesterday, 11 June 2018.

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

Overseas, Asian stocks were trading on a mixed note, with limited fallout from a tumultuous G-7 meeting. Australia's markets are shut for a holiday. US equities held on to a Friday, 8 June 2018 afternoon rally as the risk-off sentiment that gripped investors late in the week subsided.

Back home, the market ended the volatile session almost flat on Friday, 8 June 2018 as losses in banks shares negated gains in IT and pharma shares. The barometer index, the S&P BSE Sensex, fell 19.41 points or 0.05% to settle at 35,443.67. The Nifty 50 index fell 0.70 points or 0.01% to settle at 10,767.65.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 222.50 crore on Friday, 8 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 459.44 crore on Friday, 8 June 2018, as per provisional data.

Among corporate news, IndusInd Bank will be watched. The Reserve Bank of India (RBI) has allowed IndusInd Bank to incorporate a wholly-owned subsidiary for the amalgamation of micro-lender Bharat Financial Inclusion (BFIL) with the bank. The announcement was made after market hours on Friday, 8 June 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 66 points at the opening bell on negative Asian cues.

Overseas, Asian stocks declined after the mixed close on Wall Street. Japan's economy shrank at an annualized pace of 0.6% in the January-March quarter.

In US, the S&P 500 and Nasdaq Composite ended with modest losses on Thursday, as a selloff in major technology shares put pressure on the benchmarks. Traders were cautious as leaders of the Group of Seven nations kicked off a summit in Canada. The G-7 summit takes place in Canada on Friday, 8 June 2018, and Saturday, 9 June 2018, with the issues related to protectionism and international trade expected to take center stage.

On the US data front, initial jobless claims fell slightly in early June, keeping the rate of layoffs in the US near a 50-year low. Household wealth topped $100 trillion for the first time in the first quarter, the Federal Reserve said. Consumer credit in April slowed to a seasonally adjusted annual rate of 2.9%, or $9.3 billion, down from 3.8% in March.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 525.40 crore yesterday, 7 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1197.89 crore yesterday, 7 June 2018, as per provisional data.

Local stocks logged sharp gains on upbeat global cues yesterday, 7 June 2018, . The barometer index, the S&P BSE Sensex, rose 284.20 points or 0.81% to settle at 35,463.08. The Nifty 50 index rose 83.70 points or 0.78% to settle at 10,768.35.

Indices may open higher tracking positive leads from Asian markets and overnight rally on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 51.50 points at the opening bell.

Overseas, Asian shares rose following overnight gains on Wall Street, which saw the Dow Jones industrial average close above 25,000.

In US, the Dow Jones Industrial Average recorded its best daily gain since mid April as a rally in bank shares amplified a broad-market run-up that has been supported by gains in internet and technology shares. Market participants attributed Wednesday's rally to rising government bond rates. Higher rates tend to benefit the business of financials.

A rise in the yield of the benchmark 10-year Treasury note was supported by remarks from European Central Bank (ECB) senior officials, which showed the central bank remained on track to debate the timetable for ending its asset purchases soon.

Underlying strength in the euro area economy was making ECB confident that inflation will move toward target. The institution would next week discuss how it will wind down its 30 billion euro (about $35 billion) monthly-purchase program.

On the data front, the US trade deficit shrank 2.1% in April and tumbled to a seven-month low. Meanwhile, the productivity of American businesses rose at a revised 0.4% annual pace in the first quarter instead of 0.7% as originally reported. Output—or goods and services produced—climbed 2.7% instead of 2.8%, while unit-labor costs, or how much it costs to make each product, rose by 2.9%, a bit higher than the preliminary 2.7% estimate.

Back home, foreign portfolio investors (FPIs) sold shares worth a net Rs 81.40 crore yesterday, 6 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 712.31 crore yesterday, 6 June 2018, as per provisional data.

Domestic stocks logged modest gains yesterday, 6 June 2018, after the central bank maintained its neutral stance while raising repo rate by 0.25%. The barometer index, the S&P BSE Sensex, gained 275.67 points or 0.79% to settle at 35,178.88. The Nifty 50 index rose 91.50 points or 0.86% to 10,684.65. The Sensex settled above the psychologically important 35,000 mark after regaining that level in morning trade.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 17.50 points at the opening bell, mirroring mixed cues from Asian market.

Investors may remain cautious ahead of the central bank's policy decision later today. The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) began the second bi-monthly monetary policy meeting on Monday, 4 June 2018. The resolution of the MPC will be unveiled at 14:30 IST today, 6 June 2018.

Overseas, Asian stocks were mixed as investors digested trade-related developments and the mixed close on Wall Street. Markets in South Korea were closed on Wednesday.

Media reports suggested that China would buy nearly $70 billion worth of US agriculture and energy products if the Trump administration steps back from tariffs. The US-China talks focused on reducing the United States' $375.20 billion trade deficit with China by facilitating the supply of agricultural and energy products to meet China's growing consumption needs.

In US, the Nasdaq Composite Index registered its second record close in a row Tuesday on the back of a rally in the shares of technology and internet giants. However, the Dow lagged as the stocks of slumping financials and consumer-staples weighed on the blue-chip gauge.

On the data front, the Markit services purchasing managers index for the US in May rose to 56.8 from 54.6. The Institute for Supply Management services index rose to 58.6 in May from 56.8, while a reading of job openings rose to a fresh record in April, reaching 6.7 million after 6.63 million in March.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 157.51 crore yesterday, 5 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 474.33 crore yesterday, 5 June 2018, as per provisional data.

Domestic stocks ended a volatile session of trade with modest losses yesterday, 5 June 2018. The barometer index, the S&P BSE Sensex, fell 108.68 points or 0.31% to settle at 34,903.21. The Nifty 50 index fell 35.35 points or 0.33% to settle at 10,593.15.

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

Overseas, Asian markets were mixed as profit booking emerged after the previous day's rally. US market posted strong gains Monday, led by a rally in the technology and consumer discretionary sectors, as traders appeared to shrug off global trade tensions and focused on a favorable economic backdrop instead.

US factory orders fell by 0.8% in April. The decline was concentrated in commercial aircraft. Orders for nondurable goods rose slightly. The increase in factory orders in March, meanwhile, was raised a tick to 1.7%.

Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 2354.03 crore yesterday, 4 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 712.41 crore yesterday, 4 June 2018, as per provisional data.

Domestic stocks settled with modest losses yesterday, 4 June 2018, led by slide in banking and realty stocks. The barometer index, the S&P BSE Sensex, fell 215.37 points or 0.61% to settle at 35,011.89. The Nifty 50 index fell 67.70 points or 0.63% to settle at 10,628.50. The Sensex settled a tad above the psychological 35,000 level after sliding below that level in late trade.

Market is seen opening higher tracking positive leads from Asian markets and Friday's gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 43 points at the opening bell.

Overseas, Asian stocks were trading higher, tracking gains seen on Wall Street on Friday, 1 June 2018.

US stock-market indices jumped on Friday, following a a solid jobs data for May, while shrugging off concerns over Italian politics and trade wars.

The US labor market remains strong with 223,000 new jobs created in May, while the unemployment rate fell to an 18-year low of 3.8%. Wage growth was modest, with the yearly rate of pay rising to 2.7% from 2.6%. Receding fears about political upheaval in Italy also helped boost sentiment.

Despite the positive mood, trade concerns continued to linger after US-China trade talks yielded no major breakthroughs. China threatened that previous trade agreements negotiated by the countries will not take effect if the Trump administration goes ahead with a planned tariff increase.

US allies also took aim during a G-7 finance leaders meeting at metals tariffs imposed by the Trump administration.

On the US data front, the Institute for Supply Management said Friday that its manufacturing index rose to 58.7%, up 1.4% from April and a two-month high.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 202.80 crore on Friday, 1 June 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 337.97 crore on Friday, 1 June 2018, as per provisional data.

Key benchmark indices logged modest losses on Friday, 1 June 2018, weighed by data showing manufacturing PMI growth has slowed in May. The barometer index, the S&P BSE Sensex, lost 95.12 points or 0.27% to settle at 35,227.26. The Nifty 50 index lost 39.95 points or 0.37% to settle at 10,696.20.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 26 points at the opening bell. Auto stocks will be in focus as the auto companies will start announcing monthly sales numbers for May 2018 starting from today, 1 June 2018.

On the macro front, Markit Economics will unveil the result of a monthly survey on the performance of India's manufacturing sector in May 2018 today, 1 June 2018. The Nikkei Manufacturing PMI in India increased to 51.6 in April 2018 from 51 in the preceding month.

India's GDP rose at 7.7% in the fourth quarter of 2017-18 compared with 6.1% in the same period last year, and a revised 7% in the quarter ended December, government data released after market hours yesterday, 31 May 2018 showed. For the full financial year, GDP grew at 6.7% compared with 7.1% in the previous year.

Overseas, most Asian stocks slipped after the Trump administration's tariffs on imports from key allies sent US and European stocks into a tailspin. US stocks fell yesterday, 31 May 2018 as the president's escalation of trade tensions with Canada, Mexico and the European Union hammered American industrial and financial shares.

Back home, key equity benchmarks logged strong gains yesterday, 31 May 2018 on buying frenzy in index pivotals led by HDFC Bank, HDFC and Infosys. The barometer index, the S&P BSE Sensex, rose 416.27 points or 1.19% to settle at 35,322.38. The Nifty 50 index rose 121.80 points or 1.15% to settle at 10,736.15. The Sensex settled well above the psychological 35,000 level after moving above and below that level in intraday trade. Positive global stocks boosted sentiment.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 15.31 crore yesterday, 31 May 2018 as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 266.02 crore yesterday, 31 May 2018, as per provisional data.

Among corporate news, IT major Infosys announced an expansion of its relationship with Microsoft to accelerate the digital transformation of enterprise clients. Infosys has launched a new Microsoft Cloud Business Unit that will focus on the comprehensive cloud needs of enterprises - from infrastructure to business applications. The announcement was made after market hours yesterday, 31 May 2018.

The unit at Infosys will consist of a central pool of trained consultants, architects and specialist sales team that will be aligned to four core solution areas - modern workplace, business applications, application development & infrastructure and data & analytics. The new unit is chartered to develop and deliver integrated experiences, solutions and services spanning Microsoft Azure, Microsoft Office 365, Windows 10 and Microsoft Dynamics 365.

Idea Cellular announced completion of sale of its pan-India standalone tower business, by way of divesting its entire stake in ICISL (100% subsidiary of Idea), to ATC Telecom Infrastructure (ATC). The transaction has been closed with an enterprise value of Rs 4000 crore for approximately 9,900 standalone towers.

Vodafone's sale of its standalone tower business to ATC has already been completed earlier for an enterprise value of Rs 3850 crore. With this, both Idea and Vodafone India have now monetised the standalone tower assets for a total enterprise value of Rs 7850 crore, as per the timelines provided at the time of the announcement in November 2017, strengthening the financial position of the merged entity. The announcement was made after market hours yesterday, 31 May 2018.

Maruti Suzuki India said it crossed the mark of 3-lakh cumulative sale of cars with the acclaimed Auto Gear Shift (AGS) technology. With the AGS becoming popular among the customers, Maruti Suzuki aims to achieve the feat of over 2-lakh sales in the current fiscal year. The contribution of cars with AGS variant to the company's total sales has tripled since its introduction in 2014.

At present, Maruti Suzuki offers AGS in seven models in its range, including bestsellers like Alto K10, WagonR, Celerio, Swift, IGNIS and Dzire. In May 2018, Vitara Brezza became the latest offering with AGS technology from Maruti Suzuki. The announcement was made after market hours yesterday, 31 May 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 47 points at the opening bell. Trading could be volatile as traders roll over positions in the F&O segment from the near month May 2018 series to June 2018 series. The May 2018 F&O contracts expire today, 31 May 2018.

On the domestic macro front, the government will announce data on first quarter gross domestic product (GDP) today, 31 May 2018. The Indian economy expanded 7.2% year-on-year in the last three months of 2017, from an upwardly revised 6.5% growth in the previous period.

Overseas, Asian stocks rose as political turmoil in Italy that had roiled global financial markets showed signs of easing. US stocks rebounded yesterday, 30 May 2018 as investors judged the market reaction to Italy's political turmoil overwrought.

Global stocks were battered earlier in the week after Italy's two anti-establishment parties scrapped plans to form a coalition. That raised the prospect of a general election, stoking fears such a vote will effectively be a referendum on the country's euro membership.

A degree of calm, however, returned, with the two anti-establishment parties renewing efforts to form a coalition government rather than force Italy into holding elections for the second time this year.

Back home, key benchmark indices logged small losses in a highly volatile session of trade yesterday, 30 May 2018. The barometer index, the S&P BSE Sensex, fell 43.13 points or 0.12% to settle at 34,906.11. The Nifty 50 index fell 18.95 points or 0.18% to settle at 10,614.35. Markets across the globe were impacted by Italy's political crisis and fresh fears of a trade war between US and China.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1286.91 crore yesterday, 30 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 492.46 crore yesterday, 30 May 2018, as per provisional data.

Among corporate news, ICICI Bank will be watched after it announced that it will start an enquiry into whistleblower complaint. The announcement was made after market hours yesterday, 30 May 2018.

The board of directors, at its meeting held on 29 May 2018, decided to institute an enquiry to be headed by an independent and credible person, to examine and enquire into an anonymous whistle blower complaint, disclosing certain information, alleging in substance that bank's MD & CEO had not adhered to provisions relating to Code of Conduct of the bank and legal and regulatory provisions relating to conflict of interest over a period of time, as also alleging quid pro quo in the course of her work in dealing with certain customers/borrowers of the bank.

The scope of enquiry would be comprehensive and include all relevant matters arising out of and in the course of examination of the facts and wherever warranted, use of forensics/email reviews and recordal of statements of relevant personnel etc. The enquiry would also cover all connected matters in the course of the investigation to bring the matter to a final close.

In keeping with the Whistle Blower Policy of the bank, the board has mandated its Audit Committee to take all further actions in the matter to operationalize this decision — including in particular, appointment of an independent and credible person as head of the enquiry, determining the terms of reference of the enquiry, the period which will be covered by the enquiry etc. The audit committee will also, in consultation with the head of the enquiry, make arrangements to assist him with independent legal and other professional support as may be required.

Net profit of ONGC rose 36.3% to Rs 5915.12 crore on 10.4% increase in net sales to Rs 23969.83 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 30 May 2018.

The net realisation for the quarter stood at $66.71 a barrel, compared to $54.91 a barrel during Q4 March 2017.

Meanwhile, the company's crude oil production, including condensate, dropped by 3% to 6.2 million tonne during the quarter under review, while during the same period last year, it produced 6.39 MT. The yearly production of crude oil also saw a marginal decline of 0.4%.

Overall gas production during the fourth quarter increased by 2.2% to 6.07 billion cubic meter (bcm), while it was seen at 5.94 bcm during the Q4 March 2017. For the entire financial year 2017-2018, the company's gas production increased by 5.8% to 24.61 bcm.

Ultratech Cement will be watched after the Committee of Creditors (CoC) of Binani Cement (BCL) constituted in accordance with the provisions of the Insolvency and Bankruptcy Code 2016 (Code), in its meeting held on 28 May 2018, approved the resolution plan submitted by UltraTech Cement and has issued a letter of intent (LoI) to the company for acquisition of BCL. Upon consummation of this transaction, Ultratech Cement's cement capacity (including its overseas operations) will stand augmented to 116.15 MTPA including the recently announced acquisition of cement units of Century Textiles & Industries. The announcement was made after market hours yesterday, 30 May 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 64 points at the opening bell.

Overseas, Asian stocks dropped as concerns about the repercussions of Italy's political turmoil and the renewal of trade tensions between the US and China gripped financial markets. The prospect that Italy might need a fresh election that could effectively become a referendum on the nation's inclusion in the euro zone rattled markets.

US stocks tumbled yesterday, 29 May 2018 joining a global equity selloff sparked by concern Italy's political woes will destabilise Europe.

Investors are also keeping an eye on the White House, with the Trump administration giving conflicting signals on talks with North Korea and plowing ahead with plans for tariffs on Chinese goods.

Back home, the market declined after a volatile session yesterday, 29 May 2018 weighed by slide in banks stocks. The barometer index, the S&P BSE Sensex, lost 216.24 points or 0.61% at 34,949.24. The Nifty 50 index lost 55.35 points or 0.52% at 10,633.30. The Sensex settled below the psychological 35,000 mark after sliding below that level in intraday trade.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 407.33 crore yesterday, 29 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 578.38 crore yesterday, 29 May 2018, as per provisional data.

Among corporate news, BPCL's net profit rose 45.2% to Rs 2673.64 crore on 14.4% increase in net sales to Rs 65239.31 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 29 May 2018.

Power Grid Corporation of India's net profit rose 4.6% to Rs 2004.68 crore on 16.5% increase in net sales to Rs 7811.32 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 29 May 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 7 points at the opening bell.

Overseas, Asian stocks were trading on a mixed note. US markets remained closed yesterday, 28 May 2018 for Memorial Day. UK markets were also closed yesterday, 28 May 2018 for the spring bank holiday.

Back home, the market rose for a third straight session yesterday, 28 May 2018 as a sharp drop in crude prices and a recovery in the rupee boosted sentiment. The barometer index, the S&P BSE Sensex, gained 240.61 points or 0.69% at 35,165.48. The Nifty 50 index gained 83.50 points or 0.79% at 10,688.65.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 795.06 crore yesterday, 28 May 2018 as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1017.65 crore yesterday, 28 May 2018, as per provisional data.

Among corporate news, shares of L&T will be watched after Q4 results. On a consolidated basis, net profit of Larsen & Toubro (L&T) rose 4.95% to Rs 3337.95 crore on 11.09% rise in net sales to Rs 40678.10 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours yesterday, 28 May 2018.

Consolidated order book of the group stood at Rs 263107 crore as at 31 March 2018, with international order book constituting 24% of the total order book.

L&T said it expects to continue its planned trajectory of profitable and steady growth which, along with its many value enhancing measures, is aimed at improving shareholder returns on a sustainable basis.

Shares of state-run oil marketing companies--BPCL, HPCL and Indian Oil Corporation--will be watched after petrol and diesel prices were hiked for the sixteenth day in a row. The price of petrol was hiked by Rs 0.16 today, 29 May 2018, to Rs 86.24 a litre in Mumbai and diesel was raised by Rs 0.15 to Rs 73.79 a litre.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 40 points at the opening bell.

The market jumped on Friday, 25 May 2018 on broad-based buying support. The barometer index, the S&P BSE Sensex, rose 261.76 points or 0.76% to settle at 34,924.87. The Nifty 50 index rose 91.30 points or 0.87% to settle at 10,605.15.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 768.29 crore on Friday, 25 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 887.76 crore on Friday, 25 May 2018, as per provisional data.

Among corporate news, shares of state-run oil marketing companies--BPCL, HPCL and Indian Oil Corporation--will be watched after petrol and diesel prices continued to rise for the 15th straight day as state-run oil marketers increased rates in line with crude oil prices.

The price of petrol was hiked by Rs 0.15 today, 28 May 2018, to Rs 86.08 a litre in Mumbai, while diesel was raised by Rs 0.11 to Rs 73.64 a litre.

On a consolidated basis, net profit after minority interest of Sun Pharmaceuticals Industries rose 10.35% to Rs 1528.99 crore on 1.67% decline in net sales to Rs 6711.01 crore in Q4 March 2018 over Q4 March 2017. The result was announced after market hours on Friday, 25 May 2018.

On a consolidated basis, net profit of Tech Mahindra rose 33.15% to Rs 1230.80 crore on 3.58% rise in net sales to Rs 8054.50 crore in Q4 March 2018 over Q3 December 2017. The result was announced after market hours on Friday, 25 May 2018.

Overseas, Asian stocks were trading higher. US stocks fell on Friday, 25 May 2018 on lighter than normal volume.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 4 points at the opening bell on mixed cues from other Asian indices.

Overseas, Asian shares were mixed after US President Donald Trump canceled a planned meeting with North Korean Leader Kim Jong Un that had been set to take place in Singapore on 12 June 2018. Trump said participating in the summit would be inappropriate given the tremendous anger and open hostility displayed by North Korea, which had reportedly suspended direct communication with the US this week.

US stocks finished lower Thursday as a sharp decline in energy-related shares pressured the broader market lower. On the data front, initial jobless claims rose by 11,000 to 234,000 in the week ended 19 May 2018. Separately, existing-home sales ran at a seasonally adjusted annual 5.46 million pace in April.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 701.93 crore yesterday, 24 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1480.51 crore yesterday, 24 May 2018, as per provisional data.

Among corporate news, Bank of Baroda, BEML, Cadila Healthcare, Engineers India, Hindustan Copper, NBCC (India), Sun Pharmaceutical Industries and Tech Mahindra will announce January-March 2018 results today, 25 May 2018.

Key benchmark indices posted strong gains yesterday, 24 May 2018, on broad-based buying demand in index pivotals. The barometer index, the S&P BSE Sensex, rose 318.20 points or 0.93% to settle at 34,663.11. The Nifty 50 index rose 83.50 points or 0.8% to settle at 10,513.85.

Shares may rise on bargain hunting following a steep sell off in the previous session. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 25.50 points at the opening bell.

Overseas, most Asian shares declined as the trade dispute between the US and China remained in focus. US stocks closed higher Wednesday, after the minutes from the Federal Reserve's 2 May 2018 meeting appeared to have reassured investors that the central bank will not be too aggressive with raising interest rates. Stocks were under pressure earlier as geopolitical and trade concerns continued to dent investor sentiment.

The US Department of Commerce started an investigation into automobile imports to determine whether they threaten to impair the national security of the United States. The new US probe will be carried out under Section 232 of the Trade Expansion Act of 1962. That section of the law authorizes the secretary of Commerce to determine the effects of imports of any article on the national security of the United States.

Meanwhile, Federal Reserve officials would be content to let inflation briefly run above their 2% target as the economy continues to recover, according to minutes from the central bank's most recent meeting. Following the May 1-2 session, the policymaking Federal Open Market Committee (FOMC) said it was not raising rates yet but added the word symmetric to describe its inflation goal. The summary released Wednesday indicates a substantial level of debate over how the Fed should approach inflation. The minutes also pointed to an interest rate hike at the June meeting amid debate over how close the Fed might be getting to the end of this rate-hiking cycle

On the US data front, the IHS Markit purchasing managers index for May inched up to 56.6 from 56.5 in the previous reading. Separately, Markit's PMI for services rose to 55.7 from April's 54.6. New-home sales came in at a 662,000 seasonally adjusted rate in April.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 311.11 crore yesterday, 23 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 789.78 crore yesterday, 23 May 2018, as per provisional data.

Among corporate news, Gail (India), Glaxosmithkline Pharmaceuticals and MOIL will announce January-March 2018 results on 24 May 2018.

Domestic equities suffered sharp losses tracking weakness in global stocks yesterday, 23 May 2018. The barometer index, the S&P BSE Sensex, lost 306.33 points or 0.88% to settle at 34,344.91. The Nifty 50 index lost 106.35 points or 1.01% to settle at 10,430.35. Stocks across the globe fell as investors continued to assess potential trade tensions, the possible cancellation of a June summit with North Korea and a fall in commodity prices.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 23 points at the opening bell, tracking mixed cues from other Asian shares.

On the political front, Janata Dal (Secular), or JD(S), leader H D Kumaraswamy will take oath as Chief Minister of Karnataka today, 23 May 2018, at 16:30 IST on the steps of the Vidhana Soudha, the state secretariat. Governor Vajubhai Vala will administer the oath of office and secrecy to Kumaraswamy.

The 12 May 2018 Karnataka assembly polls threw up a hung verdict with BJP emerging as the single largest party with 104 seats. The Congress was next with 78 and the JD(S) followed with 37. The BSP has one MLA and two seats went to Independents.

Overseas, Asian shares were mixed after President Donald Trump said he was not satisfied with bilateral trade talks with China that occurred last week, but called them a start to working out the US trade imbalance with Beijing.

Meanwhile, China announced on Tuesday that it would reduce tariffs on some vehicles to 15% from as much as 25%. Tariffs on certain automotive parts would also be cut.

US stocks closed lower overnight as uncertainty over trade policy and other geopolitical issues remained high.

On the geopolitical front, Trump said Tuesday there was a substantial chance that a summit with North Korean leader Kim Jong Un may not work out. Trump's comments came as he met South Korean President Moon Jae-in ahead of a planned meeting, scheduled for 12 June 2018, with Kim.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 1651.63 crore yesterday, 22 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1496.83 crore yesterday, 22 May 2018, as per provisional data.

Among corporate news, Godrej Industries, Grasim Industries and Tata Motors will announce January-March 2018 results today, 23 May 2018.

Local stocks logged small gains in a volatile session of trade yesterday, 22 May 2018, reversing a five-day losing trend. The barometer index, the S&P BSE Sensex, rose 35.11 points or 0.10% to settle at 34,651.24. The Nifty 50 index rose 20 points or 0.19% to settle at 10,536.70.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 28.50 points at the opening bell.

Overseas, most Asian shares were trading higher, tracking strong closing in the US market overnight as investors applauded easing trade animosities between the US and China.

US Treasury Secretary Steven Mnuchin reportedly said that bilateral trade talks with China had made very meaningful progress and that it was now up to both parties to implement what had been discussed. Mnuchin said over the weekend that the Trump administration would delay implementation of tariffs on Chinese goods and put the trade war on hold while working out details of a deal between the countries.

A focus for global markets this week is Wednesday's release of minutes from the Federal Reserve's latest monetary policy meeting. Investors will be watching the minutes for clues about the pace of the current tightening cycle.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 496.03 crore yesterday, 21 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1190.56 crore yesterday, 21 May 2018, as per provisional data.

Among corporate news, Bata India, Cipla, Dr Reddy's Laboratories, Indian Oil Corporation and State Bank of India will announce January-March 2018 results today, 22 May 2018.

Key benchmark indices declined for a fifth straight session yesterday, 21 May 2018, as the political situation in Karnataka left investors uneasy. The barometer index, the S&P BSE Sensex, fell 232.17 points or 0.67% to settle at 34,616.13. The Nifty 50 index fell 79.70 points or 0.75% to settle at 10,516.70.

On the political front, the much-awaited Karnataka floor test ended in an anti-climax of sorts with BS Yeddyurappa, who took oath as the Chief Minister on Thursday, 17 May 2018, resigned on Saturday, 19 May 2018, after he failed to secure the magic number of 112 required to form the government. Janata Dal (Secular) leader HD Kumaraswamy will now be sworn in as Chief Minister on Wednesday, 23 May 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 12 points at the opening bell, tracking positive cues from Asian markets.

On the political front, the much-awaited Karnataka floor test ended in an anti-climax of sorts with BS Yeddyurappa, who took oath as the Chief Minister on Thursday, 17 May 2018, resigned on Saturday, 19 May 2018, after he failed to secure the magic number of 112 required to form the government. Janata Dal (Secular) leader HD Kumaraswamy will now be sworn in as Chief Minister on Wednesday, 23 May 2018.

Overseas, most Asian shares were trading higher as weekend developments in the US-China trade relationship were digested by investors.

The US trade war with China is on hold after the world's largest economies agreed to drop their tariff threats while they work on a wider trade agreement, US Treasury Secretary Steven Mnuchin reportedly said on Sunday. Mnuchin and US President Donald Trump's top economic adviser, Larry Kudlow, said the agreement reached by Chinese and American negotiators on Saturday set up a framework for addressing trade imbalances in the future, reports added.

US stocks closed mostly lower on Friday, 18 May 2018, as investors grappled with lingering uncertainty over trade negotiations between the US and China, as well as bond yields that climbed this week to the highest level since 2011.

A focus for global markets this week is Wednesday's release of minutes from the Federal Reserve's latest monetary policy meeting. Investors will be watching the minutes for clues about the pace of the current tightening cycle.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 166.15 crore on Friday, 18 May 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 149.58 crore on Friday, 18 May 2018, as per provisional data.

Key benchmark indices logged sharp losses on Friday, 18 May 2018. The barometer index, the S&P BSE Sensex, lost 300.82 points or 0.86% to settle at 34,848.30. The Nifty 50 index lost 86.30 points or 0.81% to settle at 10,596.40. The Sensex ended below the psychologically important 35,000 mark. The Sensex and the Nifty, both, settled at over 3-week closing low.