Asia markets lower as new BOJ chief chairs first policy meeting; Nik,28260/-34/-0.47% Dj,33302/-228/-0.68 Vix18.84; Nasdaq100 futures rise wednesday night following Meta’s quarterly result,
Oil,76.35,slides as recession fears offset US inventory draw, Gold, 1997.1,flirts with $2000 dollar , as US banking worries resurface, Bonds,3.447, yields rise as investors weigh economic data, Fed rate policy plan, Dollar, sterling rises as trader retrace steps out of safe haven dollar, BC 29805/2224/8%
Nifty:17813.6/44.35/0.25%;Candle:OGU,Doji; Bank Nifty:42829.9/151.4/0.35% Candle:OGU,Doji ; HB:OF,Short day green,1672,
News:SGX Nifty indicates a mildly negative start for the broader index with a loss of 37 points after the Nifty closed 44 points higher at 17,813 on Wednesday. SGX futures stood at 17,787. HUL Q4 Preview | Net profit likely to rise 13%, volume growth seen at 5%, SBI Life Q4 results: Net profit up 15% at Rs 777 crore, net premium income at Rs 19,897 crore,
Events/Results:Hindustan Unilever, Axis Bank, Wipro, Tech Mahindra, ACC, Bajaj Finserv, Aarti Surfactants, Aditya Birla Sun Life AMC, Chennai Petroleum Corporation, Coforge, Dwarikesh Sugar Industries, Gateway Distriparks, Glenmark Life Sciences, Indian Hotels, Laurus Labs, LTIMindtree, Motilal Oswal Financial Services, Mphasis, Shriram Finance, Tinplate Company of India, Trent, and Welspun India will be in focus ahead of March quarter and full-year earnings on April 27.
The National Stock Exchange has added GNFC to its F&O ban list and retained Zee Entertainment Enterprises for April 27.
Market wrap up(DWM,T,N,E):Equity benchmarks closed with moderate gains on April 26, continuing the uptrend for three days in a row, ahead of the monthly expiry of futures and options contracts on Thursday. Most of the sectors barring metal and oil and gas finished the session on a positive note. The BSE Sensex advanced 170 points to 60,301, while the Nifty50 seems to be inching up towards its recent swing high of 17,860, up 44 points to close at 17,814 and formed a bullish candlestick pattern on the daily charts, making higher highs and higher lows formation. “The Nifty is gradually advancing towards the crucial overhead resistance of 17,863 levels, which is not only a swing high of April 17, but also the high of Bearish Engulfing pattern of daily and weekly timeframe charts,” a sustainable move above this hurdle is likely to open sharp upside momentum for the Nifty ahead, but there is a possibility of minor consolidation movement at the highs before showing a decisive upside breakout for the near term. Immediate support is at 17,700 levels, The broader markets also closed higher with moderate gains. The Nifty Midcap 100 and Smallcap 100 indices gained 0.15 percent and 0.46 percent respectively.
