Indian equities to open higher amidst strong global cues

Indian Indices:                             SGX Nifty is currently trading in the green up 32 points at 10,762. Indian equities could continue to gain traction as global indices trade with a positive bias. All eyes will be on HDFC Ltd and Kotak Bank as traders await the quarterly earnings. Markets could trade with a positive bias as oil weakens. SGX Nifty is indicating a gap-up opening. Global Market: ·       Major Asian markets like Nikkei and Shanghai Composite are...

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RIL is now logging Rs 100 crore profit a day on petchem, retail

Reliance Industries clocked record profits of Rs 9,435 crore in the fourth quarter of fiscal 2018, up 17 per cent, on higher margins from its petrochemicals, retail and digital services businesses. This indicates that RILNSE 2.15 % makes around Rs 105 crore a day. Higher earnings from petrochemicals, retail and digital services businesses helped the company offset the lower contribution from the refining and oil & gas ventures. RIL’s consolidated profit was Rs 8,046 crore a year earlier.  The digital services business, run under the Jio brand, posted a net profit of Rs 510 crore in Q4FY18. This is the second time in a row the telecom...

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Strong rally in global equities can fuel up move for the Indian equities;

Indian Indices:                                SGX Nifty is indicating a positive start, up 48 points at 10,664. Indian equities could trade with a positive bias in line with the global cues as both North Korean and South Korean leaders conduct peace talks, boosting the sentiments of the bulls. Indian equities could trade with a positive bias in line with the global cues as both North Korean and South Korean leaders conduct peace talks, boosting the sentiments of the bulls. Global Market: ·       Asia...

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Indian equities to open on a flat note ahead of April F&O expiry

Indian Indices:                                Indian equities could witness a volatile trading session as expiry day settlement’s could weigh in. SGX Nifty is currently trading in the red down 15 points at 10,552. Indian equities could witness a volatile trading session as expiry day settlements could weigh in. Wipro to remain under selling pressure on account of lower than expected quarterly earnings. Benchmark indices were flat in pre-opening trade, following mixed trend Asian stocks....

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Markets set to open lower as US bond yields soar higher;

Indian Indices:                                SGX Nifty is currently trading in the red down 64 points at 10,555. Indian equities could trade with a negative bias as profit booking on account of April F&O expiry settlements along with plunging global markets could weigh in. Benchmark indices were higher in pre-opening trade despite global weakness, with the Sensex rising 112.63 points to 34,729.27 and the Nifty climbing 1.90 points to 10,616.30. A gauge of world stocks tumbled on...

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Sensex opens up 100 pts, Nifty nears 10,600 on Asian cues; metals melt

Indian Indices:                                Indian equity market is set to open today’s session on a negative note tracking weak Nifty futures on the  Singapore Stock Exchange and mixed cues from other Asian peers. Bearish trend in the SGX Nifty Index  Futures for April delivery, which was trading at 10,595, down 27 points, or 0.25%, at 11:28 AM  Singapore time, also signaled a negative opening for the domestic equity bourses. Volatility is likely to  remain in today’s session ahead of April Future & Option contract expiry due on Thursday this week.  Benchmark indices...

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