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Quarterly earnings today
Index heavyweights State Bank of India, ITC apart from IndiGo, Bank of Baroda, Divi’s Labs are among a host of companies that will announce their third quarter results today.
SGX Nifty signals a positive start
Nifty futures on the Singapore Exchange traded 63 points, or 0.36 per cent, higher at 17,702, signaling that Dalal Street was headed for a positive start on Friday.
Tech View: Nifty charts hint at chances of pullback rally
Headline index Nifty formed a bullish candle with minor upper and lower shadows, indicating that the market is in a near-term bottom reversal mode and the Nifty is expected to show a pullback rally in the coming sessions.
Tokyo markets open higher
Tokyo’s key Nikkei index opened higher Friday following rallies by US tech shares on forecast-beating results by Facebook owner Meta that boosted investor confidence about upcoming earnings from other giants.The benchmark Nikkei 225 index was up 0.29 percent, or 78.97 points, at 27,481.02 in early trade, while the broader Topix index inched down 0.02 percent, or 0.34 points, to 1,964.83.
Nasdaq, S&P 500 post strong gains on Fed relief, Meta surge
The Nasdaq and S&P 500 ended higher on Thursday and touched roughly five-month highs as a more dovish-than-expected message from Federal Reserve Chair Jerome Powell boosted equities and Meta Platforms shares soared on rigorous cost controls.
Oil heads for weekly loss awaiting China recovery signs
Oil prices made modest gains in early trade on Friday but were heading for a second straight week of losses, as the market looked for more signs of a strong recovery in fuel demand in China to offset looming slumps in other major economies.
Rupee tumbles 40 paise to 82.20 against US dollar
The rupee fell 40 paise to close below the 82 per US dollar mark on Thursday, weighed down by foreign fund outflows and corporate dollar demand.
Sensex, Nifty on Thursday
The severe crash in Adani Group stocks had a ripple effect on the domestic stock market. While the Sensex ended 224 points higher, Nifty ended 6 points lower as the 50-share index was dragged down by the carnage in Adani Enterprises and Adani Ports.
Good morning, dear reader! Here’s something to kickstart your trading day
