Indian equity markets are likely to open higher on Wednesday amid positive global cues. SGX Nifty hinted at a flat to positive start for benchmark indices BSE Sensex and NSE Nifty 50. Nifty futures were up 17 points, or 0.10% at 17,873 on the Singapore Exchange ahead of today’s session. “We expect Nifty to consolidate at higher levels and inch upwards towards the 18,000 mark. Investors would...

Here is the list of top 10 stocks that will be in focus todayCoal India: Coal India on Wednesday said its consolidated net profit shot up 178% to Rs8,834 crore for the first quarter of the 2022-23 fiscal on the back of higher sales. The miner posted a net profit of Rs3,174 crore in the same quarter last year. The company said in a regulatory filing on Wednesday that its sales were 39% higher at Rs...

Domestic stock exchanges will resume trading today after a day’s hiatus on account of Muharram. Entering Wednesday’s trade, SGX Nifty was down with losses, suggesting a flat to negative opening for BSE Sensex, NSE Nifty 50. Global cues were weak after Wall Street closed in the red on Tuesday. “Nifty has decisively surpassed the hurdle at 17,400, and we’re now eyeing 17,800. Apart from the...

The benchmark indices witnessed profit booking at higher levels, following a volatile intraday session, the Nifty ended 35 points lower and the BSE Sensex fell 145 points. Among sectors, some buying interest was seen in Metal stocks while intraday profit booking was seen in selective IT and Media stocks. Technically, after three days’ uptrend rally, one more time the NIfty/Sensex took the resist...

Indian equity markets are likely to open gap-down on Friday amid unsupportive global cues. Ahead of the session, SGX Nifty Futures quoted 15,715 levels, signaling a cut of over 50-odd points on the NSE Nifty 50. Global cues were weak as major markets in Asia-Pacific lost steam with Japan’s Nikkei 225 down 0.7% and Topix down 0.5%. Investors will watch out monthly auto sales figures due on Friday...