Rise With India: What’s Hot On December 6 – ET Now

Mumbai: The Indian equity market is likely to open flat with a positive bias Monday amid mixed global cues. The trends on SGX Nifty also indicate a flat start for the broader index in India. The Nifty futures were trading around 17,265 level on the Singaporean Exchange. 

Here are key events that will be in the news today: 

EVENTS 

> 66th Mahaparinirvan Diwas of Bharat Ratna Dr BR Ambedkar 

> Russian President Vladimir Putin to visit India for summit talks with PM Modi 

> 3.15 PM: Dinesh Khara, SBI Chairman to make an announcement in Retail Banking 

> National Technical Advisory Group on Immunisation meeting on the issue of administering ‘additional’ dose of COVID-19 vaccine to immunocompromised individuals 

ALERTS 

– RBI Monetary Policy Committee meeting to be held from December 6-8 

– Benelli TRK 251 Indian launch 

– ‘Maitri Diwas’ to be celebrated in 18 countries to commemorate India-Bangladesh friendship 

– High Court to hear Reliance Infra plea against DMRC to enforce Supreme Court order 

Markets & Economy 

US 

-Wall Street notched another week of losses 

-S&P 500 down 4% from its all-time highs, NASDAQ down 7% from its all-time highs 

-NASDAQ declined 1.92%, S&P 500 fell 0.84% and Dow fell 0.17% on Friday 

-Biggest losers on NASDAQ were Microsoft Corp, Boeing and JPMorgan Chase & Co 

-Markets fell as investors reassessed weaker-than-expected November jobs and grappled with uncertainty around the Omicron coronavirus variant 

Europe 

-European markets also in the red amid Omicron fears and poor non-farm payrolls data from the US 

-CAC and DAX were down 0.44% and 0.61% respectively on Friday.

-FTSE was down marginally 0.1% 

Asia 

-Asian markets opened in the red 

-Nikkei and Kospi both fall around 1%

Commodities 

-Oil increased 2.5% to around $67.91 a barrel 

-Gold gains 1.2% to touch $1,785 an ounce 

-Currency, bonds, Crypto 

-Dollar index gained and is above the 96.17 mark in trade today 

-The US 10 year treasury yields are marginally up at the 1.383% mark 

-Bitcoin saw deep cuts over the weekend and is just above the $48,700 mark