Global markets are looking flat today, Dow is up marginally by +10 points or 0.09% and Nasdaq is up by +14.7 points or +0.63%. Other global markets are trading strongly flat as well, Nikkei is up +1.58 points and Taiwan index is up by +51 points.
Yesterdays results were mixed, while wipro announced results beating dalal street expectations, HCL did not meet expectations, due to this all the front line IT stocks saw selling pressure and most of them closed in red.
Corporate Results to be announced today
Stock Picks: All are Day Trading Picks
- SAIL
- L&T
- Tata Steel
- RIL
- 3i Infotech
- Wipro
NOTE:
- Ispat Industries re-lists today
- Reliance Petroleum Ltd IPO closes today
Global Markets/Indices this morning:
US
Dow 11,278.77 +10.00 +0.09%
Nasdaq 2,370.88 +14.74 +0.63%
Brazil & Mexico
Bovespa 39,937.738
MXX 19,933.090 +113.020 +0.57%
China
Shanghai Composite 1,393.61 -3.092 -0.22%
Hang Seng 16,792.33 -38.11 -0.23%
Japan
Nikkei 225 17,351.699 +1.58 +0.01%
Taiwan
Taiwan Weighted 7,090.30 +51.52 +0.73%
News:
- 3i Infotech net profit rises to Rs 18 cr in Q4
- Infotech Enterprises declares 1:2 bonus
- DoT to invest Rs 1,000 cr in optic fibre cable network
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