Asia markets mostly lower, as wall street banking fears reignite, Nik,28538/-82/-0.3% Dj,33530/-345/-1% Vix18.76/11.1% US stock futures rise tuesday night after microsoft ,alphabet post earning beats,
Oil,77.4, falls as investors ponder china demand, rate hikes, Gold,2000.4,little changed as US data zooms into focus, Bonds,3.42,yields stumble as investors look to key data for hints about the US economy, Dollar,high as banking jitters resurface , euro slips, BC27417 /36 /0.13%
Nifty:17769.25/25.85/0.15%;Candle:OF,Doji; Bank Nifty:42678.5/42.75/0.1% Candle:OF,Doji ; HB:Of,Short day red,
News:Sebi bans pledging of clients’ funds by brokers as bank guarantees,SGX Nifty indicates a mildly negative start for the broader index with a loss of 37 points after the Nifty closed 25 points higher at 17,769 on Tuesday. SGX futures stood at 17,748. Dalmia Bharat Q4 net profit rises two-fold to Rs 609 crore,
Events/Results:Maruti Suzuki India, Bajaj Finance, HDFC Life Insurance Company, Indus Towers, SBI Life Insurance Company, L&T Technology Services, KPIT Technologies, Can Fin Homes, IIFL Finance, Oracle Financial Services Software, Poonawalla Fincorp, Shoppers Stop, Supreme Petrochem, Syngene International, Tanla Platforms, UTI Asset Management Company, and Voltas will be in focus ahead of quarterly earnings on April 26.
The National Stock Exchange has added Zee Entertainment Enterprises to its F&O ban list for April 26.
Market wrap up(DWM,T,N,E):The market continued to trade higher for the second consecutive session on April 25, driven by select banking & financial services, oil & gas, FMCG and metal stocks. The market continued to trade higher for the second consecutive session on April 25, driven by select banking & financial services, oil & gas, FMCG and metal stocks. “The index remains comfortably above the critical moving averages, suggesting a positive trend. The upside resistance is visible at 17,800, where the bulls may find an immediate resistance. Above 17,800, the Nifty may move higher towards 18,000,” The broader markets had a mixed trend with breadth slightly favouring bulls. The Nifty Midcap 100 index was down 0.1 percent, while the Nifty Smallcap 100 index gained half a percent.
