Indian equity indices are set to start trading on Monday morning on a flat to negative note on directionless Asian peers. SGX Nifty futures, which represent Indian stocks, opened trading on a weak note on Monday and were down 0.20% at 08:00 a.m. India Standard Time. Asian peers, with the exception of Hong Kong, showed good resilience on Monday morning as sentiments remained wary over concerns over the Covid variant affecting global economies.

Wall Street indices closed weakly on Friday, with the Dow Jones closing lower, dragged down by financials, while the S&P 500 regained lost ground to close slightly higher. Indian indices would also monitor key quarterly results and Covid cases.

“Markets have made remarkable progress over the past month and are now approaching an all-time high. Although we have mixed indications in global markets, we believe earnings will dictate the future market trend. of the index, a move above 18,350 would pave the way for a fresh high while the 17,950-17,700 levels would act as support in case profit is taken. themes that are doing well and to use an interim correction to create long positions. Although participation is wide, metals, IT, real estate and pharmaceuticals could eclipse the coming week,” said Ajit Mishra, Vice President of Research at Religare Broking.

Key things to note before trading:

• The Dow fell 0.56% while the S&P 500 added 0.08% on Friday

• UltraTech, Angel One, Sonata Software and Hathway Cable are stocks selected to report December quarter results

• Maruti Suzuki India has raised prices by up to 4.3% with immediate effect to partially offset the impact of rising input costs

• HDFC Bank reported a solid 18.1% increase in autonomous profit to INR 103.42 billion for the quarter ended December 2021

• Mining giant Vedanta to seek investment opportunities in Saudi Arabia’s mining sector with ongoing discussions

Read more: Closing of the American market: fall of the Dow, rally of the S&P and the Nasdaq

The difference between trading assets and CFDs
The main difference between trading CFDs and trading assets, such as commodities and stocks, is that you do not own the underlying asset when trading a CFD.
You can always profit if the market moves in your favor or suffer a loss if it moves against you. However, with traditional trading, you enter into a contract to exchange legal ownership of individual stocks or commodities for cash, and you own them until you sell them again.
CFDs are leveraged products, which means that you only have to deposit a percentage of the total value of the CFD transaction 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 shares, for example.
CFDs attract overnight costs to hold trades (unless you are using 1-1 leverage), which makes them more suitable for short-term trading opportunities. Stocks and commodities are more normally bought and held longer. You might also pay a commission or brokerage fee when buying and selling assets directly and you would need a place to store them securely.

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