The domestic stock market is likely to open in the green amid positive global cues. Wall Street closed on a positive note overnight, Asian markets opened higher and early SGX Nifty futures trading signals suggest a strong start for the indices back home. Trends on SGX Nifty indicate a gap-up opening for Nifty with a gain of 125 points. Nifty futures were trading 125 points or 1.2 per cent higher at 15,736 on the Singapore Stock Exchange at 7:30 am.
On Wednesday, the BSE Sensex was down 354.89 points at 52,198.51 and the NSE Nifty was down 20.30 points at 15,632.10.
Stocks to watch in trading in today’s session
Wipro has launched Wipro Fullstride Cloud Services and will invest $1 billion in cloud technologies, capabilities, acquisitions and partnerships over the next three years.
US subsidiary Infosys Public Services has launched a blockchain network to modernize public record keeping for Riverside County in California.
Bajaj Finance has reported higher consolidated profit at Rs 1,02.4 crore in Q1FY22 as against Rs 962.3 crore in Q1FY21, while net interest income increased to Rs 4,489 crore from Rs 4,152 crore.
Havells India has reported a high consolidated profit of Rs 235.78 crore in Q1 FY12 as against Rs 63.98 crore in Q1 FY21.
Jubilant Foodworks has reported a net profit of Rs 63 crore for the first quarter ended June (Q1 of FY22), as against a net loss of Rs 74 crore during the same period in FY21.