The inventory markets are prone to open flat, put up the 1 per cent rally witnessed within the earlier session, going by world market cues. Trends on SGX Nifty point out a muted begin for the index in India. At 7:30 am, the Nifty futures have been buying and selling nearly unchanged at 14,485 on the Singapore Stock Exchange. The markets are, nonetheless, prone to stay volatilile because of the ongoing earnings season and upward trajectory in Covid-19 circumstances throughout the nation.
On Monday, the S&P BSE Sensex rallied by greater than 500 factors to shut at 48,386 and the Nifty was up 143 factors to 14,485.
Tech Mahindra
Tech Mahindra reported 17.4 per cent slide in consolidated revenue at Rs 1,081.4 crore for the quarter ended March 2021. The revenue within the earlier quarter stood at Rs 1,309.8 crore.
HDFC Life Insurance Company
HDFC Life Insurance Company reported a consolidated revenue of Rs 319.06 crore within the quarter ended March. Net premium earnings jumped to Rs 12,869.55 crore from Rs 10,475.95 crore within the year-ago.
SBI Cards and Payment Services
SBI Cards and Payment Services reported a revenue of Rs 175 crore within the March quarter as in opposition to Rs 84 crore within the year-ago quarter. Revenues declined to Rs 2,308.68 crore from Rs 2,433.24 crore within the year-ago interval.