Market Live Updates Today: Title: Trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain.
image for illustrative purpose
The Indian stock market is expected to open in the green as trends on SGX Nifty indicate a positive opening for the index in India with a 65 points gain.
The BSE Sensex rallied 460.37 points to 49,661.76 on April 7 while the Nifty50 climbed 135.50 points to 14,819.
Major averages hovered near unchanged on Wednesday, with the S&P 500 closing up slightly after the Federal Reserve released minutes from its most recent meeting that reinforced the U.S. central bank's position to remain patient before raising rates.
The Dow Jones Industrial Average rose 16.02 points, or 0.05%, to 33,446.26, the S&P 500 gained 6.01 points, or 0.15%, to 4,079.95 and the Nasdaq Composite dropped 9.54 points, or 0.07%, to 13,688.84.
Asian equities are poised to track Wall Street's cautious gains on Thursday after minutes from the Federal Reserve's latest meeting reiterated its commitment to keep interest rates low until the U.S. economy makes a more secure recovery.
Live Updates
- 8 April 2021 2:54 PM IST
Kalyan Jewellers reports revenue growth of 60% in Q4 FY'21 for its India operations
Revenue growth for the first two months of the quarter (January and February) was approximately 35 percent, while growth in March was significantly higher, skewed by the loss of sales we experienced in the base due to the COVID-19 pandemic’s impact on our retail operations in March 2020, it added.
- 8 April 2021 2:53 PM IST
Mahindra & Mahindra to launch premium SUV XUV700 in 2nd quarter of this fiscal
The new model, which has been built on the W601 platform, will be manufactured at the company's manufacturing facility at Chakan in Maharashtra, M&M said in a statement.
- 8 April 2021 2:53 PM IST
Zydus Cadila gets USFDA nod for cancer and high blood pressure, treatment drug
Zydus Cadila has received final approval from the US Food and Drug Administration (USFDA) to market Ibrutinib Capsules in the strengths of 70 mg and 140 mg, Cadila Healthcare said in a regulatory filing.
- 8 April 2021 2:53 PM IST
RBI expands digital wallet limit to Rs 2 lakh, allows interoperability of Prepaid Payment Instruments
Money transfer facilities such as NEFT and RTGS have also been extended to non-bank payment system operators such as Paytm, PhonePe and others
- 8 April 2021 2:52 PM IST
Post RBI policy, markets likely look towards CPI inflation & demand in government auctions
The key focus of the central bank on the liquidity front over the last year has been to ensure that the government's borrowing program goes through
- 8 April 2021 2:52 PM IST
A 'system of espionage' reigned at Ikea, a French prosecutor charges
The alleged snooping was used to investigate employees and union organizers, check up on workers on medical leave and size up customers seeking refunds for botched orders.
- 8 April 2021 2:52 PM IST
Realty, insurance, oil & gas see biggest FPI inflow in March
The oil and gas sector received $460 million and for the last five months FPIs have pumped in $1.9 billion and now hold 11.2 percent weight in the sector, Edelweiss said.
- 8 April 2021 2:51 PM IST
Petroleum Minister Dharmendra Pradhan to hold review meet on ethanol blending programme timeline
Representatives of Bharat Petroleum Corporation Limited (BPCL) and Indian Oil Corporation are likely to attend the meeting.
- 8 April 2021 9:31 AM IST
FII and DII data
Foreign institutional investors (FIIs) net bought shares worth Rs 227.42 crore, while domestic institutional investors (DIIs) net acquired shares worth Rs 381.08 crore in the Indian equity market on April 7, as per provisional data available on the NSE.
- 8 April 2021 9:31 AM IST
China to contribute more than one-fifth of increase in global GDP
China will drive global economic growth in the post-pandemic years, Bloomberg said in a report citing an International Monetary Fund (IMF) report.
