Key macro triggers for D-Street on Tuesday

India Infoline News Service | Mumbai | August 22, 2017 08:55 IST

Here is a list of the key macro triggers that you should know before hitting D-Street on Tuesday.

Stock Market
Here is a list of the key macro triggers that you should know before hitting D-Street on Tuesday:
Anti-dumping duty: India has imposed anti-dumping duty on tempered glass, used mostly to protect touchscreen mobile devices, from China for five years to protect the domestic industry from below cost imports. The duty, ranging between USD 2.85 and USD 136.21 per tonne, has been levied on textured toughened (tempered) coated and uncoated glass.
FDI update in Q1FY18: Foreign direct investment (FDI) into the country increased by 37% to USD 10.4 billion in Q1FY18, according to DIPP. India had received USD 7.59 billion FDI in Q1FY17. The main sectors which attracted the highest foreign inflows include services, telecom, trading, computer hardware and software and automobile. Bulk of the FDI came in from Singapore, Mauritius, the Netherlands and Japan.
BSE to delist 200 companies: BSE on Monday said it would compulsorily delist 200 companies with effect from Wednesday and bar promoters of these companies from accessing the securities market for 10 years. These companies belong to various sectors including chemicals, pharma, finance and textiles.

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