To access a PDF version of this newsletter, please click here here If you would like to receive this newsletter via email, please register at: here FACTORS TO WATCH 9:00 am: The Monsoon session of the Parliament begins in New Delhi. 12:00 pm: The Government is scheduled to release August wholesale price inflation data in New Delhi. 5:30 pm: The Government is scheduled to release August consumer price inflation data in New Delhi. PROMOTION LIVECHAT - REUTERS GLOBAL MARKETS FORUM Wayne Cole, Reuters Chief Treasury Correspondent in Sydney, discusses the themes to watch for markets in the week ahead. To join the conversation, click on the link: refini.tv/2P8N0Wp INDIA TOP NEWS • India considers emergency authorisation of vaccine as COVID-19 cases surge India said on Sunday it was considering granting an emergency authorisation for a COVID-19 vaccine, particularly for the elderly and people in high-risk workplaces, as the country's number of reported infections passed 4.75 million. • Oxygen grows scarce in some parts of India as coronavirus cases rise Oxygen supply has grown scarce in some parts of India hard hit by coronavirus, hospital and local government officials said, as India reported a record daily jump in cases for a second consecutive day, logging 97,570 new infections on Saturday. • India's secondary listing plan for firms joining foreign markets irks investors-sources Indian companies that list overseas will have to later launch on a domestic bourse under policy changes being considered by government officials, sources told Reuters, a move that global investors fear will harm valuations. • Delhi city lawmakers summon Facebook India chief over February riots A panel of local lawmakers in New Delhi have summoned Facebook's top executive in India to answer allegations that it did not properly apply hate speech rules and policies, which had contributed to riots that rocked the city in February. • India's aviation watchdog asks IndiGo to take action against passengers breaking flight rules India's airline regulator on Friday asked IndiGo, the country's largest airline, to take action against passengers that broke flying rules while chasing a Bollywood actress onboard an aircraft, a government official told Reuters. • DCGI orders suspension of Serum's India trials of AstraZeneca's COVID-19 vaccine - ANI India's drug regulator has asked Serum Institute of India to suspend recruitment in its clinical trials of AstraZeneca's potential COVID-19 vaccine in the country until further orders, Reuters partner ANI reported on Friday. • India passenger vehicle sales up 14% in August -industry body Total passenger vehicle sales in India rose 14.16% in August, showing some signs of economic recovery as industries restart operations months after a coronavirus-led lockdown disrupted a sector already hit by poor demand. • Five Indian nationals detained in China handed over - Indian army Five Indian nationals from a remote eastern state who had been detained by Chinese authorities in a region bordering Tibet were handed over to Indian authorities on Saturday, the Indian army said. GLOBAL TOP NEWS • ByteDance drops TikTok's U.S. sale, to partner with Oracle -sources ByteDance abandoned the sale of TikTok in the United States on Sunday in pursuit of a partnership with Oracle that it hopes will spare it a U.S. ban while appeasing China's government, people familiar with the matter told Reuters. • SoftBank sells chip designer Arm to Nvidia in $40 billion deal SoftBank said it has agreed to sell chip designer Arm to Nvidia for as much as $40 billion in a deal set to reshape the semiconductor landscape. • Japan's Suga poised to win party race, headed for premiership Japanese Chief Cabinet Secretary Yoshihide Suga, a longtime loyal aide of outgoing Prime Minister Shinzo Abe, was poised to win a ruling party leadership election, virtually ensuring that he replaces Abe this week in the nation's top job. LOCAL MARKETS OUTLOOK (As reported by NewsRise) • SGX Nifty nearest-month futures were trading 0.2% higher at 11,493.50. • The Indian rupee is expected to trade higher against the dollar tracking firm risk appetite amid constructive cues on the coronavirus vaccine. • India's federal government bond yields are likely to trade largely unchanged ahead of inflation data for August due later today. The yield on the benchmark 5.77% bond maturing in 2030 is likely to trade in a range of 6.01%-6.06%. GLOBAL MARKETS • The Nasdaq slid and the S&P 500 closed little changed on Friday as early gains in technology and growth names faded, with each of the three major Wall Street averages posting their second straight weekly decline. • Asian shares firmed on renewed hopes for a coronavirus vaccine after AstraZeneca resumed its phase-3 trial though sentiment was still cautious ahead of a big week of central bank meetings in UK, Japan and the United States. • The British pound flirted with a 1-1/2-month low against the dollar on fears about no-deal Brexit while investors waited for Japan's ruling party to choose a successor to Prime Minister Shinzo Abe. • Bond yields fell on Friday after the U.S. Treasury on Thursday completed $108 billion in supply this week, and as investors remained doubtful that inflation will increase much even as consumer prices rose more than expected in August. • Oil prices were mixed with U.S. crude rising as a tropical storm in the Gulf of Mexico forced rigs to shut down, but the gains were kept in check by wider concerns about excess supply and falling demand for fuels. • Gold prices were flat as investors maintained a cautious approach ahead of U.S. Federal Reserve's monetary policy decision this week and as optimism around a potential COVID-19 vaccine lifted appetite for riskier assets. CLOSE FII INVESTMENTS EQUITI DEBT ES PNDF spot 73.52/73.55 September 11 920.16 16.91 crores crores 10-yr bond yield 6.04% Month-to-date (3,510 1,422 crores ) crores Year-to-date 32,620 (1,11,323) crores crores (FII investment numbers are in Indian rupees. Source: National Securities Depository Limited) For additional data: India govt bond market volumes Stock market reports Non-deliverable forwards data Corporate debt stories [IN CORPD] Local market closing/intraday levels [IN SNAPSHOT] Monthly inflows [INFLOWS RTRS TABLE IN] ($1 = 73.48 Indian rupees) (Compiled by Priyanka Das in Bengaluru)
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