Pre Session: Markets may open higher amid strong Asian cues
19/04/2018
The Indian benchmark indices are set to open higher on Thursday amid strong cues from other Asian peers.
The Asian markets have opened on a higher note, while Wall Street closed mixed in the previous trading session with weakness in sectors such as consumer staples and financials were offsetting strong gains in the energy and industrial indexes.
On the economy front, the markets may react to a report that India will claim the top spot among the world’s fastest-growing major economies this year. Also, the Reserve Bank of India (RBI) seemed to have ruled out relaxations in its new bad loan rules.
On the corporate front, Tata Consultancy Services will announce its fourth quarter and annual results. Analysts expect TCS to report between 1.1 percent and 2.0 percent revenue growth in constant currency. Around eight companies are likely to report their March quarter numbers including Tata Consultancy Services, IndusInd Bank, Cyient, Reliance Power, RS Software and Infomedia.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,587.50, up by 33 point.
19/04/2018
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The Indian benchmark indices are set to open higher on Thursday amid strong cues from other Asian peers.
The Asian markets have opened on a higher note, while Wall Street closed mixed in the previous trading session with weakness in sectors such as consumer staples and financials were offsetting strong gains in the energy and industrial indexes.
On the economy front, the markets may react to a report that India will claim the top spot among the world’s fastest-growing major economies this year. Also, the Reserve Bank of India (RBI) seemed to have ruled out relaxations in its new bad loan rules.
On the corporate front, Tata Consultancy Services will announce its fourth quarter and annual results. Analysts expect TCS to report between 1.1 percent and 2.0 percent revenue growth in constant currency. Around eight companies are likely to report their March quarter numbers including Tata Consultancy Services, IndusInd Bank, Cyient, Reliance Power, RS Software and Infomedia.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,587.50, up by 33 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
