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SGX Nifty indicates positive note for Indian indices

SGX Nifty indicates positive note for Indian indices File Image The benchmark Indices are expected to open on a positive note as indicated by trends on SGX Nifty. US Indices closed with gains as Dow Jones hits a fresh new all-time high and Asian markets also opened stronger with Nikkei trading 2 percent higher. Key companies announcing their quarterly results today includes Adani Power, Coforge, Hero MotoCorp, Adani Transmission, P&G Health, Bluestar, Praj Industries and Tata Consumer. Immediate support and resistance for Nifty 50 are 14,500 and 14,800 respectively, said Mohit Nigam, Head-PMS Securities. At 09:02 AM, the Sensex was up 488.99 points or 1 percent at 49166.54, and the Nifty was up 54 points or 0.37 percent at 14671.90.

Markets open on positive note: Sensex up 172 points, Nifty above 14,650

Markets open on positive note: Sensex up 172 points, Nifty above 14,650 Kunal Patil/ PTI The stock markets opened on a positive note on Thursday. The benchmark indices were in the green. Sensex rose over 172 points in early trade on Thursday, tracking gains in index majors HDFC twins, ITC and Bajaj Finance amid largely positive cues from Asian peers. The 30-share BSE index was trading 174.54 points or 0.36 percent higher at 48,852.09 in initial deals. NSE Nifty advanced 69.05 points or 0.47 percent to 14,686.90. Bajaj Auto was the top gainer in the Sensex pack, gaining over 2 percent, followed by Bajaj Finance, ITC, HDFC, Titan, Maruti and M&M.

FII inflows to India may be at risk

FII inflows to India may be at risk SECTIONS Last Updated: May 05, 2021, 07:06 PM IST Share Synopsis Agencies On the current market situation People who say that the markets look forward are absolutely right. But the markets reward the winners. The stock market has gone up because it is a gauge of winners. If you have a bad company on the index, what will the index do? They will remove the losers. So there is no Century Textile nor Satyam. Only the winners are left. The markets will give opportunities to rearrange your portfolio and figure out the next set of winners.

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