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The benchmark indexes opened up Monday as they were inspired by their Asian peers.
Among the key shares, Jet Airways slid more than 12 percent to 303.05 rupees on the National Stock Exchange at the opening of the market after Tata Sons said Friday it is in preliminary talks with Jet Airways but has not made proposal to acquire a stake, cooling speculations that an agreement was imminent.
The rupee trade slightly more slowly Monday, sliding to 72.05 against a dollar in intraday trading up to now, down from the previous 71.92 closing against the greenback.
The RBI board meets today
The board of directors of the Reserve Bank of India (RBI) is expected to meet today. Over the past few days, the government and the RBI have had discussions with a view to reaching a common ground on at least two requests from the government: easing the PCA standards of some banks and aligning the banks. regulatory capital requirements of banks on international standards. and a special waiver for MSMEs.
Global markets
Asian stocks moved cautiously on Monday against contradictory signals about the chances of a truce in the Sino-US trade dispute, while a new look worried about the Fed's global outlook was undermining the dollar.
The widest index of the MSCI index, composed of Asia Pacific shares out of Japan, rose by 0.1% and that of South Korea's 0 , 5%. Japan's Nikkei gained 0.4%, but E-Mini futures for the S & P 500 fell 0.3%.
Oil price
Oil prices rose on Monday, as major exporters, Saudi Arabia, are expected to push the OPEC producer club, OPEC, to cut supplies by the end of the year.
The Brent crude futures contract earlier this month, the international benchmark for oil prices, was trading at $ 67.29 a barrel, up 53 cents (0.8%) since their last fenced. WTI futures (West West Texas Intermediate) rose 61 cents, or 1.1%, to $ 57.07 per barrel.
(with Reuters entries)
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