The markets erased their nine-day gaining streak on Wednesday after NS Vishwanathan, RBI deputy governor, defended the one-day default norm in the February 12 NPA circular.
NSE
Here is what you should know before the opening bell:
Resource stocks were on a roll in Asia as oil prices hit heights not seen since late 2014, though the potential boost to inflation globally also pressured fixed-income assets.
The crude oil prices were at new 2014 highs as a decline in the US crude inventories was witnessed. Saudi Arabia will keep withholding the supply in order to boost the market.
Wall Street saw hefty gains in the energy and industrial indexes, though that was offset by softness in sectors such as consumer staples and financials.
India will claim the top spot among the world's fastest-growing major economies this year, but rising trade tensions between the United States and China may restrain that growth, a Reuters poll of economists showed.
Domestic air passenger traffic rose to 1.15 crore in March 2018 -- up 28.03% -- from 90.45 lakh reported during the corresponding month of 2017, official data showed on Wednesday.
The SGX Nifty is trading at 10,590 levels versus the Nifty April Future's Wednesday close of 10,538, indicating a gap-up opening on Dalal Street today.
TCS, IndusInd Bank, Reliance Power, among others, will declare their quarterly results today.
The CBI questioned the chief financial officer of NuPower Renewables, the company that is at the heart of allegations of nepotism, in connection with a Rs 3,250 crore loan from ICICI Bank Ltd to the Videocon Group in 2012.
First Published:Apr 19, 2018 7:54 AM IST