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Updated on 17 Oct 2018
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Todays Market opening direction

Stocks picks for todays trading

USA Wall Street, Asian markets and SGX Nifty futures are all hinting at the possibility of another spectacular day in Indian stock market. However, traders might stay cautious ahead of a market holiday on Thursday on account of Dassehera.

Singapore trading sets stage for firm start
Nifty futures on the Singapore Exchange were trading 122 points higher at 10,707 this morning, indicating a gap-up opening for the Nifty50.

Wall Street shows biggest percentage gain since March
On Wall Street, the three major indices tallied their biggest one-day percentage gains since March. The Dow jumped 2.17 per cent, while the S&P 500 climbed 2.15 per cent and the Nasdaq 2.89 per cent.

Infosys - IT giant Infosys on Tuesday reported a 10.30 per cent YoY rise in profit at Rs 4,110 crore for September quarter, largely in line with a Rs 4,048 crore profit estimate that analysts had projected.

Reliance Industries: Reliance Industries is likely to post an 18 per cent growth in second quarter net income on Wednesday, underpinned by higher volume and prices in the petrochemical business.

IIFL Holdings: IIFL Holdings on Tuesday said its subsidiary IIFL Home Finance has raised Rs 1,000 crore from the National Housing Bank (NHB). IIFL Home Finance has raised another $50 million from SBI through External Commercial Borrowing (ECB) route.