Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 were trading at day’s lows on Friday.
As a country with one of the largest population of young people, who are usually between the ages of 18 to 35, our future is intertwined with the choices they make.
HUL posted an in-line performance, with revenue/EBITDA clocking growth of 35/43% YoY continued to deliver strong double-digit growth, supported by new launches and price hikes.
PGInVIT, the first Infrastructure Investment Trust from a public sector company, is seen as a low-risk security that could provide superior returns than traditional fixed income products.
Indian Railways has expanded their ‘Oxygen Express’ operations to Haryana and Telangana after Maharashtra, Uttar Pradesh, Madhya Pradesh and Delhi to bring relief to the states as India battles the second wave of Covid 19.
These included the likes of Zoom Video, Netflix, and other tech stocks that benefitted from people staying confined to their homes.
This is a positive development for the company but we don’t expect it to make any huge difference on Drreddy top line as product sales in the USA market was less.
Strong earnings run rate in H2FY21 offers visibility of the likely earnings recovery in FY22 on full unlocking.
Wipro on Friday revised upwards its IT services revenue outlook to 8-10 per cent sequential growth in the June 2021 quarter, following the completion of its USD 1.45 billion buyout of Capco.
RIL share price was trading flat with a negative bias at Rs 2,021.90 apiece on BSE, ahead of January-March quarter earnings on April 30.
Seeing this strength in the market, coupled with other fundamental reasons, Chris Wood, Global Head at Jefferies has decided to increase India’s weightage in his Asia Pacific ex-Japan relative-return portfolio.
Gold was trading flat to negative on Friday, mirroring the trend in international spot prices where strong US economic data and elevated Treasury yields dampened the yellow metal’s appeal.
However, the current trend continues to remain bullish and dips like these can be utilized to trickle in buy positions for a higher target of 15100.
The partly reasons for recovery in the domestic equity was due to DII’s dominance over FII’s selling and hence equity and FX markets were seen diverging.
The resumption of the bullish trend in yield could support the US dollar index and hence, it could cap bullish momentum in the Emerging market currencies.
Indian markets might give a gap down opening today taking cues from the weak Asian markets & an absence of respite in daily covid cases domestically.
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have now remained unchanged for fifteen consecutive days.
Nifty fututres were trading one per cent or 147.5 points down at 14,783.50 on Singaporean Exchange, suggesting a negative opening for BSE Sensex and Nifty 50 on Friday.
On Friday morning, SGX Nifty was sitting deep in the negative territory, hinting at a weak start to the day’s trading session.
Meanwhile, mutual funds have trimmed their stake in the oil-to-telecom conglomerate by 1%, during the same period.