Stock Market Updates: Sensex, Nifty likely to open flat amid weak global cues
Benchmark indices ended lower amid subdued global cues on Tuesday. Sensex declined 273.5 points to 52,578.76 and Nifty slipped 78 points to 15,746.45 Stock Market Updates: Sensex, Nifty likely to open flat amid weak global cues Business Today
Updated Jul 28, 2021, 8:46 AM IST
Indian benchmark indices are likely to open flat today as the SGX Nifty was trading at 15,805.20, up 0.45 per cent at around 8:30 am.
Dalal Street will react to the earnings of IndusInd Bank, InterGlobe Aviation and many more companies today.
The International Monetary Fund (IMF) also downgraded India s Gross Domestic Product (GDP) growth projections for the current financial year to 9.5 per cent compared with its April estimates of 12.5 per cent owing to the disruptions caused due to the second wave of the COVID-19 pandemic.
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Stocks To Watch: Canara Bank, IndusInd Bank, InterGlobe Aviation IndusInd Bank reported a consolidated net profit of Rs 1,061 crore in the June quarter, a rise of 99.2 per cent compared to the same quarter last year
Updated: July 28, 2021 8:37 am IST
Canara Bank reported a nearly three-fold jump in net profit to Rs 1,177 crore in June quarter
The domestic stock markets are likely to open mildly in the green, going by early indications from SGX Nifty futures trading. Trends on SGX Nifty indicate a cautious opening for the Nifty, with a 18-point gain. At 7:30 am, the Nifty futures were trading at 15,760, higher by 18 poinnts or 0.1 per cent, on the Singapore Stock Exchange.
Nifty Seen Opening Marginally Higher; Maruti Suzuki, IndiGo In Focus Foreign institutional investors (FIIs) sold shares worth Rs 1,459 crore while domestic institutional investors bought shares worth Rs 730 crore.
Updated: July 28, 2021 9:01 am IST
The Indian equity benchmarks are set to open higher as indicated by the Nifty futures on Singapore Exchange amid subdued cues from other Asian markets. Nifty futures on Singapore Exchange also known as the SGX Nifty futures advanced 42 points to 15,783. Meanwhile, Asian shares stayed stuck at seven-month lows on Wednesday, as markets continued to digest a storm in Chinese equity markets, while the dollar rested with traders reluctant to place large bets ahead of the outcome of the Federal Reserve meeting.