SGX Nifty started with 17,685 in Asian markets, at present it is showing strength of 40- 50 points, and it is stable above 17,725.
New Delhi: Today, the signals from the global market are positive for the Indian markets. US markets have closed at day's higher levels, Asian markets have also started well. Today, China's inflation figures have also come. Also, Bank of Korea has not made any change in the interest rates for the second time in a row, the rates are stable at 3.5%. The result season is also starting from today.
US markets closed at day's higher levels US markets traded in a tight range for the second day in a row, with the Dow Jones trading up 250 points and finally closing at 33,586, up 101 points, on the back of slight profit-booking in tech stocks. As a result, Nasdaq recovered from lower levels and closed almost flat. The closing of the S&P500 has also been flat. European markets have closed with a strength of 0.50% to 1%. Itic
Strong start of Asian markets SGX Nifty started with 17,685 in Asian markets, at present it is showing strength of 40- 50 points, and it is stable above 17,725. Today, China has released the March inflation figures. The inflation rate in March has been 0.7% on an annual basis. Earlier, the Chinese market was trading with a slight decline. The effect of Bank of Korea keeping interest rates stable for the second time in a row is visible on Korean markets, Cos pi is up by 1%. Hong Kong's market Hang Seng also has a strength of more than 200 points. Japan's market Nikkei is showing strong momentum today, it is functioning with a strength of around 380 (+1.38%) points. Signal from the global market
• US dollar index with slight strength at 102.4
• US 2 year bond yield 3.97%
• US 10- year bond yield 3.41% Brent Crude strengthened by 0.50% to $84.64 per barrel
• NYMAX crude up 0.55% to $80.20 per barrel Dow Jones futures with a slight gain at 33,780
• Nasdaq futures flat at 13,164 Gold strengthened by 0.35% to $2,010.60 / or Silver up 0.70% to $25.093/ oz
• Crude oil slips $1, Rupee weakens
Crude oil has slipped below $85, currently Brent Crude is trading at 84.64 with a strength of 0.50%, while WTI crude is also trading with the same strength at $80.20 per barrel. The rupee has weakened slightly against the dollar, the rupee closed at 81.99 with a weakness of 9 paise, there is a rise in ls, in the international market, gold had slipped below $2000 per ounce yesterday in the intraday, but it has again gained momentum, and it's 2000 again trading above the dollar, silver has also maintained the level of $25. Apart from this, there is a boom in other metals as well.
Apart from all this, which stocks should be kept an eye on, in which movement can be seen on the basis of news. News stocks
Star Health and Allied Insurance
Company: Business Update till March-Gross Direct Premium grew by 13% to Rs 12,950.9 crore till March
Health (Retail) premium grew 18% to Rs 11,947.5 crore
Health (group) premium fell 31% to Rs 807.5 crore
Overseas and travel segment premium increased by 2 crore rupees
• Personal accident premium grew by 15% to Rs 193.9 crore
Cipla: The company signed an agreement with Novartis Pharma for the manufacture and distribution of Galves, a drug used in the treatment of type 2 diabetes.
Kalpataru Power Transmission: The company and its international subsidiaries received orders and notifications worth Rs 3,079 crore during March and April, so far
IRB Infrastructure Developers: Toll collection by the company's wholly owned subsidiaries and joint ventures under its private Invite grew 21% year-on-year to Rs 3,699.91 crore in March. Entities under the IRB Infrastructure Trust collected Rs 1,930.85 crore with a 40% increase in toll collection. Subsidiaries increase 5% growth in toll collection to Rs 1,769.06 crore Shilpa Medicare: The company has received the final approval from the USFDA for its Apremilast tablets. It is used to treat adult patients with active psoriatic arthritis.
Vedanta: Non-convertible through private placement. The board will meet on April 13 to raise funds through debentures. Meanwhile, the Supreme Court has allowed the company to carry out maintenance work at the Sterling Copper Plant in Tuticorin for maintenance.
State Bank of India: The bank's board will meet on April 18 to consider raising long-term funds of up to $2 billion (over Rs 16,400 crore) through a public offer and/ or private placement of senior unsecured notes.
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