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Indian equity markets are likely to start Tuesday’s trade on a dismal note amid weak foreign flows and rising crude prices. At 7:45 am, the SGX Nifty quoted at 17,808 levels, indicating a flat start at the bourses.
Markets in Asia-Pacific, however, were mixed as Hong Kong and mainland China markets were subdued. Other indices like Nikkei 22, Topix, Kospi, the S&P 200, and Kosdaq, meanwhile climbed up to 0.8 per cent.
On the commodities front, prices of Brent Crude were steady at $93 per barrel, whereas WTI Crude hovered around $84 per barrel.
Back home, shares of Reliance Industries will be focus after the conglomerate posted flat net profit at Rs 13,656 crore in Q2FY23.
That apart, shares of RBL Bank will be closely tracked too after the private sector lender net profit rose over six-fold to Rs 202 crore.
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