Sensex, Nifty Set To Open On A Flat Note; Indian Oil In Focus

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The S&P BSE Sensex and NSE Nifty 50 indexex are set to open on a flat observe as indicatesd by Nifty Futures traded on the Singapore Exchange. Nifty Futures on Singapore Exchange often known as the SGX Nifty futures rose 7 factors to fifteen,042. In yesterday’s session, Sensex ended the day at 49,902, decrease by 290.55 factors or 0.58 per cent and the NSE Nifty settled at 15,030.10, down 77.90 factors or 0.52 per cent. The broader markets, nonetheless, outperformed their largecap friends, with the BSE Midcap index and BSE Smallcap index gaining round half a per cent every.

Stock markets struggled for traction on Thursday after a jittery session on Wall Street the place cryptocurrencies crashed and a touch of tapering discuss from the U.S. Federal Reserve drove promoting within the bond market and lifted the safe-haven greenback.

Benchmarks in South Korea and Japan had been both aspect of flat in morning commerce and Hong Kong’s Hang Seng fell about 0.8 per cent to drag MSCI’s broadest index of Asia-Pacific shares exterior Japan down by 0.2 per cent.

Back dwelling, Indiabulls Housing Finance will probably be in focus after its internet revenue rose to Rs 276 crore within the quarter ended March 2021 from Rs 137 crore within the corresponding quarter final 12 months.

Indian Oil will probably be in focus after it reported internet revenue of Rs 8,781.30 crore in contrast with a lack of Rs 5,185.32 crore in the identical interval a 12 months again, the corporate mentioned in a press release.



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