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 markets open higher on Friday, after strong
quarterly results from some of the biggest US companies helped gains on Wall
Street.
· US Markets:
stocks rose sharply on Thursday, helped by strong quarterly results from some
of the biggest US companies.
· European
markets ended higher with FTSE closing 0.41% higher, CAC was up 0.63% while the
DAX surged 0.74%..
Major Headlines of the day:
·
L&T Finance: Company hikes prime lending rate by 15 bps
·
Axis Bank: Q4 loss at Rs 2,189 crore on three-fold jump in
provisions; asset quality worsens
·
SBI Life: Q4 net profit up 13 percent to Rs 381.2 crore
·
Biocon: Company has proposed a final dividend of Re 1 per equity
share.
·
Reliance Capital: Company's Q4 net profit up 36 percent at Rs
428 crore
·
Cyient: Acquires Belgium-based AnSem N V for USD 17 million
·
Reliance Industries: Net profit likely to grow by 18 percent on
YoY basis; could remain flat QoQ
·
Maruti Suzuki: Net profit could rise by 28 percent YoY; up 27
percent on QoQ basis
Trend in FII flows: The FIIs were Net Value
of Rs -1056.34 the cash segment Thursday while the DIIs were Net
Value of Rs 684.11 as per the provisional figures.
TODAY ON EARNING FRONT:- EQUITAS, IDFC, MARUTI,
NELCO, RBLBANK, RELIANCE, SRTRANSFIN, UPL, SHOPPERSTOP.
Get more details here:-
* Investment & Trading in securities market is always subjected to market risks, past performance is not a guarantee of future performance.
* CapitalStars Investment Adviser: SEBI Registration Number: INA000001647
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