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Indian shares look set to open largely unhanged on Monday as inflation and interest-rate concerns persist. <\/p>\n
The week ahead could be extremely volatile and choppy after the Election Commission of India announced the dates for election for 543 Lok Sabha seats.<\/p>\n
Capital markets<\/span> regulator SEBI has approved the launch of the beta version of the T+0 settlement on an optional basis from March 28. <\/p>\n The new settlement would be for a limited set of 25 scrips, and with a limited set of brokers.<\/p>\n Meanwhile, India’s current world-beating economic growth rate on the back of an investment boom resembles that of 2003-07 when growth averaged more than 8 percent, economists at Morgan Stanley said in a report. <\/p>\n Asian markets traded mixed this morning as investors continued to dial back their expectations for Fed rate cuts in 2024.<\/p>\n A slightly weaker yen helped lift Japan’s Nikkei average up over 2 percent. <\/p>\n Mainland China and Hong Kong markets clung to modest gains ahead of the release of key economic indicators, including reports on business<\/span> investment, retail sales, industrial production and unemployment.<\/p>\n Data showed new bank loans dipped more than expected in February, spurring some optimism over possible stimulus measures. <\/p>\n The dollar held steady ahead of a busy week dominated by central bank meetings in Japan, Australia, U.K. and the United States. <\/p>\n Gold struggled for momentum while oil steadied after its biggest weekly advance in a month.<\/p>\n U.S. stocks ended lower on Friday while bond yields ticked higher as investors looked ahead to cues from upcoming FOMC meeting. <\/p>\n On the data front, manufacturing output rebounded in February while consumer sentiment and inflation expectations held steady in March, separate reports revealed.<\/p>\n The New York Empire State Manufacturing Index sank to -20.9 in March 2024 from -2.4 in February.<\/p>\n The tech=heavy Nasdaq Composite shed 1 percent and the S&P 500 gave up 0.7 percent to extend losses for the third day running while the Dow dropped half a percent. <\/p>\n European stocks closed lower on Friday amid inflation and interest-rate concerns. The pan European STOXX 600 declined 0.3 percent. <\/p>\n The German DAX finished marginally lower and the U.K.’s FTSE 100 eased 0.2 percent while France’s CAC 40 ended with a positive bias. <\/p>\n<\/p>\n Market Analysis<\/p>\n<\/div>\n