Market Live Updates Today: Trends on SGX Nifty indicate a positive opening for the index in India
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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 against April 13 close wherein Nifty closed at 14,541.15.
The Sensex rallied 660.68 points, or 1.38 percent, to 48,544.06 on April 13 while the Nifty climbed 194 points, or 1.36 percent, to 14,504.80.
Wall Street indexes closed mixed on Wednesday, with the Nasdaq Composite and S&P 500 falling despite another record intraday high for the latter and big banks' stellar results on the first day of earnings season.
The Dow Jones Industrial Average rose 53.62 points, or 0.16%, to 33,730.89; and the S&P 500 lost 16.93 points, or 0.41%, at 4,124.66. The Nasdaq Composite dropped 138.26 points, or 0.99%, to 13,857.84.
Asian markets were muted with Australia's jobs data for March expected later today. Nikkei 225 advanced 0.22 percent in early trade while the Topix index gained 0.55 percent. South Korea's Kospi advanced fractionally. Meanwhile in Australia, the S&P/ASX 200 dipped slightly.
Live Updates
- 15 April 2021 2:46 PM IST
Aurobindo Pharma's board to consider demerger of its Injectables business soon
Post the demerger of injectables business, Aurobindo will also focus on its Biosimilar business which is a high growth opportunity for the pharma major.
- 15 April 2021 2:46 PM IST
IL&FS looks to recover Rs 5,000 crore more, increases debt recovery target to Rs 61,000 crore
Further, recovery of around Rs 10,000 crore is likely to spill over beyond September 2021 on account of various reasons, including procedural complexities, IL&FS said.
- 15 April 2021 2:46 PM IST
EV pioneer M&M fails to produce even a single electric four-wheeler in 2021
The company has invested around Rs 1,000 crore in the EV space. Even the eVerito, the only electric 4W sold by M&M, is being made against confirmed orders now. This means the company is manufacturing only the electric three-wheelers Alfa and Treo now.
- 15 April 2021 2:45 PM IST
India not imposing safeguard duty on optic fibre imports
Consideration into the matter began after domestic fibre optic players such as Birla Furukawa Fibre Optics and Sterlite Technologies complained about the boost in imports since July 2019.
- 15 April 2021 2:45 PM IST
Walmart-backed Flipkart makes big splash in online travel segment, announces acquisition of 100% stake in Cleartrip
Under the terms of the agreement, Cleartrip operations will be acquired by Flipkart. Cleartrip will continue to operate as a separate brand, retaining all employees while working closely with Flipkart to further develop technology solutions to make travel simple for customers.
