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Nfty futures were seen trading 147.50 points or 0.99 per cent down at 14,783.50.
Share Market News Today | Sensex, Nifty, Share Prices LIVE: Domestic equity market benchmarks BSE Sensex and Nifty 50 may open in red on Friday, after gaining for 4 straight sessions. On the day of monthly derivates expiry, BSE Sensex ended 32 points up at 49,766, while the Nifty 50 index settled 30.35 points up at 14,895 level. Today all eyes would be on January-March quarter earnings by index heavyweight Reliance Industries Ltd (RIL). Nfty futures were seen trading 147.50 points or 0.99 per cent down at 14,783.50. Asian stock markets were trading with losses in early trade on Friday. Japan’s Nikkei 225 was down 0.43 per cent while the Topix index traded near flat. In South Korea, the Kospi index stumbled 0.52 per cent. In overnight trade on Wall Street, the Dow Jones Industrial Average ended the session up 0.7 per cent, while the S&P 500 advanced 0.7 per cent. The tech-heavy Nasdaq Composite ended up over 0.2 per cent.
Oil-to-telecom major Reliance Industries Ltd (RIL) is all set to announce its fourth quarter earnings on April 30, 2021. So far in April RIL stock is down 3 per cent while it’s flat on year-to-date (YTD) basis. However, stock has rallied 42 per cent in past one year.
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. 14650 is an immediate intraday support. The result season has so far been good across different sectors which is likely to prevent a sharp correction. Reliance industries’ results will be keenly watched today. Mohit Nigam, Head, PMS, Hem Securities
Petrol and Diesel Rate Today in Delhi, Bangalore, Chennai, Mumbai, Hyderabad: Prices of Petrol and Diesel have now remained unchanged for fifteen consecutive days. Fuel prices were last cut on April 15. Today, the Petrol price in Delhi is Rs 90.40 per litre, while Diesel prices were at Rs 80.73 per litre. Fuel prices remain the highest in Mumbai at Rs 96.83 per litre for Petrol. Bharat Petroleum Corporation Ltd (BPCL), Indian Oil Corporation Ltd (IOCL) and Hindustan Petroleum Corporation Ltd (HPCL) revise the fuel prices on a daily basis in line with benchmark international price and foreign exchange rates.
On Thursday, foreign institutional investors (FIIs) were net buyers of shares worth Rs 809 crore, while domestic institutional investors (DIIs) net offloaded shares worth Rs 942 crore in the Indian equity market
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. Investors will continue to watch rising COVID-19 cases, on-going vaccination drive, fresh restrictions and lockdown in some states, oil prices, rupee movement and other global cues. Analysts say Nifty has been forming higher highs – higher lows from the last five trading sessions but formed a Bearish candle on daily scale
Any manufacturing unit that has availed the benefit under the modified special incentive package scheme (M-SIPS) programme of electronics ministry will not be eligible for the Rs 4,500-crore production-linked incentive (PLI) scheme for solar module manufacturing, as per the Union ministry of new and renewable energy (MNRE).
Domestic equity markets enter the final trading session of the week on the back of four consecutive days of gains. S&P BSE Sensex now sits at 49,765 while the 50-stock NSE Nifty is at 14,894. On Friday morning, SGX Nifty was sitting deep in the negative territory, hinting at a weak start to the day’s trading session. Global cues were mixed on Friday morning. Investors continue to focus on Q4 earnings on Dalal Street. Volatility has remained firmly above 23 levels for the last few sessions.
Mukesh Ambani’s Reliance Industries Ltd. (RIL) has seen increased interest from foreign portfolio investors in the last one year. Foreign Portfolio Investor’s (FPI) shareholding in RIL has jumped 1.59% in the January-March quarter, from a year-ago period. Meanwhile, mutual funds have trimmed their stake in the oil-to-telecom conglomerate by 1%, during the same period.