Business

At 7:30 am, the Nifty futures were trading higher by 0.8 percent on Singapore Stock ExchangeThe domestic stock exchange are most likely to open firm, continuing with the momentum seen in the previous trading session.

Patterns on SGX Nifty show a positive start for the marketplaces back home.

At 7:30 am, the Nifty futures were trading at 18,275, higher by 95 points or 0.8 per cent, on the Singapore Stock Exchange.Overnight, the S&P 500 and Nasdaq ended higher led by gains in Amazon.com and Microsoft, but JPMorgan shares fell together with other bank shares and weighed on the market.

The Dow Jones decreased 0.53 points, whereas S&P 500 got 0.30 per cent and Nasdaq Composite added 0.73 per cent.Asian markets were trading mixed on Thursday early morning; the Nikkei and Kospi got 1 per cent each, while Straits Times decreased 0.3 per cent.The markets will react to a slew of IT results stated post market hours on Wednesday.

Index heavyweight Infosys reported a consolidated profit of Rs 5,421 crore in the quarter ended September 2021, a boost of 11.9 per cent compared to the exact same quarter last year.Wipro reported a 19 per cent rise in combined net earnings to Rs 2,931 crore for the quarter ended September 2021, compared to Rs 2,466 crore in the same duration last year.

And Mindtree reported a 57.2 percent dive in net earnings at Rs 398.9 crore in the quarter ended September 2021, compared to an earnings of Rs 253.7 crore in the year-ago period.In business incomes, HCL Technologies, Indiabulls Realty and Century Textiles will declare their Q2 numbers throughout the day.On October 13, the BSE Sensex had actually surged 452.74 points and the NSE Nifty had actually climbed up 169.80 points.





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