Nifty futures have been trading at 14,635, up 15.50 points or .11 per cent on Singaporean Exchange. BSE Sensex and Nifty 50 may perhaps open flat with some positive bias on Friday, right after ending more than half a per cent up in the preceding session. Investors will track COVID-19 circumstances, fresh restrictions, on-going vaccination drive, stock-distinct improvement, along with oil costs and rupee movement. Technically, Nifty formed a Bullish hammer sort of candle with lengthy reduced shadow indicating declines have been getting purchased, stated Siddhartha Khemka, Head – Retail Research, Motilal Oswal Financial Services Ltd. “Now, it has to decisively hold above 14500 zones for an up move towards 14700 and 14850 zones while on the downside, support exists at 14350 and 14250 zones,” he added.
Wipro: Wipro posted a 27.7 per cent jump in consolidated net profit at Rs 2,972 crore for the March 2021 quarter, and exuded self-assurance of sustaining sturdy development momentum in the coming quarters. Its income from operations rose by 3.4 per cent to Rs 16,245.4 crore in the reported quarter from Rs 15,711 crore in the very same period final fiscal.
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Mindtree, Den Networks: IT organization Mindtree will report its fourth-quarter quantity on Friday. Also businesses such as GTPL Hathway, MMTC, and AAR Commercial Company will release quarterly numbers.
Ashoka Buildcon: The organization has received a Letter of Award (LOA) from Gujarat Rail Infrastructure Development Corporation Limited (G-RIDE) for the project – Gauge Conversion of Bechraji- Ranuj section, with 25 KV AC electrification in Ahmedabad division of Western Railway.
National Fertilisers: Government has issued a request for proposals to engage legal advisors, merchant bankers and promoting brokers to sell a 20 per cent stake in National Fertilisers Ltd through offer you-for-sale (OFS).
Antony Waste Handling Cell: The organization informed that its total operating income has shown a development of 4.4% for Q4 FY21 as compared to Q3 FY21. For FY2021, operating income has enhanced by 6.5% on-year, to Rs 4,419. million from Rs 4,150. million final year.