CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 79% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
US English

Indian stocks set for a firm start as Asian markets cheer

By Vinu Lal

03:06, 13 December 2021

close-up view of a stock market data board (3d rendering)
SGX Nifty futures index in the Singapore was trading up 0.65% – Photo: Shutterstock

Indian stock indices are poised to begin Monday morning trade on a bright note if trends from SGX Nifty futures are any indication.

SGX Nifty futures index, which represents Indian stocks in Singapore Stock Exchange, was trading up 0.65% in the morning before Indian stock markets opened, riding on Asian cues.

Investors across Asia seem optimistic, looking forward to multiple monetary policy meetings across several regions.

Wall Street stocks advanced on Friday which also included an all-time closing high as investors moved on from inflation data which was in line with consensus. Dow Jones Industrial Average rose 0.6%, S&P 500 gained 0.95%.

Investors also took note of growing optimism that the new Covid variant’s impact will be limited on global economic growth.


1.27 Price
-0.270% 1D Chg, %
Long position overnight fee -0.0047%
Short position overnight fee -0.0035%
Overnight fee time 22:00 (UTC)
Spread 0.00013


0.66 Price
-0.110% 1D Chg, %
Long position overnight fee -0.0073%
Short position overnight fee -0.0009%
Overnight fee time 22:00 (UTC)
Spread 0.00006


147.39 Price
+0.110% 1D Chg, %
Long position overnight fee 0.0124%
Short position overnight fee -0.0206%
Overnight fee time 22:00 (UTC)
Spread 0.010


1.09 Price
-0.290% 1D Chg, %
Long position overnight fee -0.0099%
Short position overnight fee 0.0017%
Overnight fee time 22:00 (UTC)
Spread 0.00006

Ajit Mishra, VP of research at Religare Broking said the current week will be critical for the markets considering important data and events lined up.

“First, participants will react to the index of industrial production (IIP) data on Monday. Both CPI (Consumer Price Index) and WPI (wholesale price index) inflation data are also scheduled in the following sessions,” said Mishra.

“The primary market will see 3 IPOs (initial public offerings) – HP Adhesives, Data Patterns, Medplus Health Services, opening for subscription this week. Importantly, we have the US Fed meet also scheduled and they will announce the outcome on December 15. Apart from these data, the updates on the global Covid situation will remain on participants’ radar,” Mishra added.

Key things to note before trade

  • Tega Industries begin trading on stock exchanges today
  • Vedanta to give an interim dividend of INR13.50 per equity share to its shareholders
  • Tata Motors to hike prices of its entire passenger vehicle range from January to offset rising input costs
  • ONGC, India’s top oil and gas producer, will seek a minimum price of $3.5-4 for the natural gas it plans to produce from coal seams in Jharkhand and a field in Tripura

Read More: US market close: S&P hits high amid inflation 

Related topics

Rate this article

The difference between trading assets and CFDs
The main difference between CFD trading and trading assets, such as commodities and stocks, is that you don’t own the underlying asset when you trade on a CFD.
You can still benefit if the market moves in your favour, or make a loss if it moves against you. However, with traditional trading you enter a contract to exchange the legal ownership of the individual shares or the commodities for money, and you own this until you sell it again.
CFDs are leveraged products, which means that you only need to deposit a percentage of the full value of the CFD trade in order to open a position. But with traditional trading, you buy the assets for the full amount. In the UK, there is no stamp duty on CFD trading, but there is when you buy stocks, for example.
CFDs attract overnight costs to hold the trades (unless you use 1-1 leverage), which makes them more suited to short-term trading opportunities. Stocks and commodities are more normally bought and held for longer. You might also pay a broker commission or fees when buying and selling assets direct and you’d need somewhere to store them safely.
Capital Com is an execution-only service provider. The material provided on this website is for information purposes only and should not be understood as an investment advice. Any opinion that may be provided on this page does not constitute a recommendation by Capital Com or its agents. We do not make any representations or warranty on the accuracy or completeness of the information that is provided on this page. If you rely on the information on this page then you do so entirely on your own risk.

Still looking for a broker you can trust?

Join the 570.000+ traders worldwide that chose to trade with

1. Create & verify your account 2. Make your first deposit 3. You’re all set. Start trading