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Updated on 24 April 2018
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Todays Market opening direction

Stocks picks for todays trading

The Nifty and Sensex are likely to see a negative start on Tuesday, tracking Nifty on Singapore Stock Exchange (SGX) and weak global markets.

Singapore trading sets stage for negative start
Nifty futures on the Singapore Stock Exchange were trading 16 points lower at 10,573 indicating a negative start for the Nifty50.

US stocks end flat
The Dow Jones Industrial Average index fell 14.25 points, or 0.06 per cent, to 24,448.69. The S&P500 index gained 0.15 points, or 0.01 per cent, to 2,670.29 and the Nasdaq Composite index dropped 17.53 points, or 0.25 per cent, to 7,128.60.
Ruchi Soya: Baba Ramdev-led Patanjali Ayurved has reportedly joined the race for debt-crippled Ruchi Soya. According to the Hindu Business Line report, the multi-discipline conglomerate has put in Rs 9,000 crore bid to acquire the edible oil manufacturer, which has been facing insolvency proceedings at the National Company Law Tribunal (NCLT) since December 2017.

Hindalco, Nalco, Vedanta: Aluminium fell more than 8 per cent on Monday on news that the United States has extended the deadline for companies to wind down business with sanctions-hit Russian producer Rusal.

JSW Steel: JSW Steel has sought a fresh round of bidding from the debtladen steel major Essar Steel’s Committee of Creditors (CoC).

Q4 results today
Bharti AIrtel, IDFC Bank, ICICI Prudential Life, Oberoi Realty, Persistent, Raymond, TRF, DCM Shriram and GIC Housing Finance will be among companies that will report their quarterly earnings today.