Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 2.50 points at the opening bell.
Overseas, Asian stocks were mostly flat after the latest ballistic missile test by North Korea and as major markets are closed for public holidays today, 29 May 2017. US stocks closed mixed on Friday, 26 May 2017, ahead of the Memorial Day holiday weekend.
Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 274.14 crore on Friday, 26 May 2017, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 1008.56 crore on Friday, 26 May 2017, as per provisional data.
Among corporate news, ONGC's net profit fell 6.1% to Rs 4340.18 crore on 26.8% rise in total income to Rs 26233.56 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours on Friday, 26 May 2017.
Tech Mahindra's consolidated net profit dropped 30.2% to Rs 589.69 crore on 0.26% rise in total income to Rs 7732.89 crore in Q4 March 2017 over Q3 December 2016. The result was announced after market hours on Friday, 26 May 2017.
Sun Pharmaceuticals Industries' consolidated net profit fell 16.67% to Rs 1385.57 crore on 6.35% fall in total income to Rs 7361.46 crore in Q4 March 2017 over Q4 March 2016. The result was announced after market hours on Friday, 26 May 2017.
Key benchmark indices surged on broad-based buying support on Friday, 26 May 2017. The Sensex had risen 278.18 points or 0.90% to settle at 31,028.21, a record closing high.
Powered by Capital Market - Live News
Disclaimer: No Business Standard Journalist was involved in creation of this content
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app