Live: SGX Nifty Indicates Weak Start; Affle India, Cipla, Defence Stocks, Titan In Focus
Key Stocks In Focus
To know more about earnings reported after market hours, key brokerage updates and F&O cues, click here.
Your Trade Setup For The Day
A Check On Indian ADRs
Another Rangebound Session In Store?
Good Morning!
India's benchmark indices, though mostly rangebound, managed to post a advance last week.
By Friday this week, nearly all of the Nifty 50 companies will have reported their June quarter earnings.
Today stocks of Cipla, Affle India, Bata, DCB Bank, Amber Enterprises, Amara Raja, Siemens among others will react to their results reported after Friday market hours and over the weekend.
Broader markets managed to outperform the benchmarks last week. Some non-index names - Bank of Baroda, Cochin Shipyard, Equitas, HEG, IPCA Labs, KEC International, TTK Prestige and V-Mart Retail will come out with results today.
Within the Nifty stable - Power Grid, Shree Cement and Titan will report numbers today.
Markets in China and Hong Kong have opened lower while those in South Korea and Australia are outperforming. Japanese markets are shut due to a holiday.
Futures on the Dow Jones reversed early losses and are now trading with gains of 50 points. The index ended little changed on Friday. Oil prices are rising while gold trades lower.
The Singapore-traded SGX Nifty, an early indicator of the Nifty 50 Index’s performance in India, rose 0.3% to 11,260 as of 8:00 a.m.
Short on time? Well, then listen to this podcast for a quick summary of All You Need To Know before the opening bell.