The market may rise on bargain hunting after recent losses. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 7.50 points at the opening bell.

Overseas, Asian shares were mixed as tremors from the collapse of the Turkish lira ebbed a little. Ahead, a barrage of economic data out of China is expected later in the day. US stocks settled with small losses Monday, with the S&P 500 and the Dow Jones Industrial Average down for a fourth straight session as the ongoing turmoil in Turkey dampened investors' appetite for riskier assets.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 971.86 crore yesterday, 13 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 216.29 crore yesterday, 13 August 2018, as per provisional data.

On the macro front, the all-India general Consumer Price Index (CPI) inflation dipped to nine-month low of 4.17% in July 2018 (new base 2012=100), compared with 4.92% in June 2018. The CPI inflation figure for June 2018 is revised downwards to 4.9% from 5.0% reported earlier. The corresponding provisional inflation rate for rural area was 4.11% and urban area 4.32% in July 2018 as against 4.93% and 4.85% in June 2018. The data was announced after market hours yesterday, 13 August 2018.

Domestic stocks logged modest losses yesterday, 13 August 2018, weighed by mounting currency crisis in Turkey, which raised the alarm for possible contagion into other markets. The barometer index, the S&P BSE Sensex, lost 224.33 points or 0.59% to settle at 37,644.90. The Nifty 50 index fell 73.75 points or 0.65% to settle at 11,355.75. Indices remained in negative zone throughout the day.

Market is seen opening lower amid a broad global equity retreat that was fueled by a mounting currency crisis in Turkey. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 55 points at the opening bell.

Overseas, Asian shares tumbled on Monday after investor sentiment took a hit amid the slump in the Turkish currency, lira, on geopolitical developments. US stocks dropped on Friday, triggered by fears over the sell-off in the lira after US President Donald Trump said he had approved the doubling of metals tariffs against Turkey on Friday.

The lira's decline was the latest sign of turmoil in international economies, particularly emerging markets. The currency tumbled on worries over Turkish President Tayyip Erdogan's increasing control over the economy and deteriorating relations with the United States.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 510.66 crore on Friday, 10 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 457.83 crore on Friday, 10 August 2018, as per provisional data.

On the economic front, India's industrial production growth rebounded to five month high of 7% in June 2018, while recovering from a seven-month low of 3.9% in May 2018. The industrial production growth for May 2018 has been revised upwards from 3.2% increase reported provisionally.

Key benchmark indices logged modest losses on Friday, 10 August 2018, led by index pivotals State Bank of India (SBI), Reliance Industries (RIL) and ICICI Bank. The barometer index, the S&P BSE Sensex, fell 155.14 points or 0.41% to settle at 37,869.23. The Nifty 50 index fell 41.20 points or 0.36% to settle at 11,429.50. The Sensex settled below the psychological 38,000 level after falling below that level in early trade.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 4 points at the opening bell.

On the macro front, the government will declare industrial production (IIP) data for June at 17:30 IST today, 10 August 2018.

Overseas, most Asian stocks slipped with investors assessing the impact of the latest tit-for-tat in the trade war as well as sanctions on Russia. US stocks faded into the close to cap a second day of losses yesterday, 9 August 2018 amid selling in industrial and financial shares.

Back home, the key equity indices rose to fresh highs on Thursday, with the benchmark BSE Sensex crossing the 38,000 level for the first time, driven by select banks stocks. The barometer index, the S&P BSE Sensex, rose 136.81 points or 0.36% to settle at 38,024.37. The Nifty 50 index rose 20.70 points or 0.18% to settle at 11,470.70. The Sensex and the Nifty, both, hit fresh record high levels in intraday as well as on closing basis.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 370.68 crore yesterday, 9 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 85.39 crore yesterday, 9 August 2018, as per provisional data.

Among corporate news, GAIL (India), Hindalco Industries and State Bank of India will announce April-June 2018 result today, 10 August 2018.

State Bank of India (SBI) said that executive committee of central board (ECCB) accorded approval to explore and initiate the process of divestment upto 4% of stake of SBI in SBI General lnsurance Company to a non-promoter entity through small parcel share sale (SPSS). The announcement was made after market hours yesterday, 9 August 2018.

Market is seen opening lower, tracking mixed leads from Asian markets. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 2 points at the opening bell.

Overseas, Asian shares were mixed in early trade on Thursday amid rising trade tensions between the US and China. Beijing said on Wednesday that it will retaliate against the latest round of US tariffs on Chinese imports. The Chinese Ministry of Commerce announced a 25% tariff on $16 billion worth of American goods. The 333 goods being targeted by China include vehicles such as large passenger cars and motorcycles.

The announcement came after the US Trade Representative's office released a finalised list of $16 billion worth of Chinese goods that will be hit with tariffs, taking effect on 23 August 2018. The latest US list brings the total amount of Chinese goods facing a 25% tariff to $50 billion.

US stock-market indices closed mostly lower on Wednesday as investors grappled with a fresh round of tariff clashes between the Trump administration and China and a batch of weak earnings from high-profile firms such as Walt Disney Co. and Snap Inc.

Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 568.63 crore yesterday, 8 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 30.25 crore yesterday, 8 August 2018, as per provisional data.

Key equity indices logged modest gains yesterday, 8 August 2018, on steady buying demand with the Sensex and the Nifty, both, scaling record highs in intraday as well as on closing basis. The barometer index, the S&P BSE Sensex, gained 221.76 points or 0.59% to settle at 37,887.56. The Nifty 50 index gained 60.55 points or 0.53% to settle at 11,450.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 2 points at the opening bell.

Overseas, Asian equities are trading higher after US stocks approached a fresh all-time high. US stocks edged higher yesterday, 7 August 2018 amid a relative cooling of protectionist rhetoric between the world's two largest economies and optimism growth can continue.

Back home, key equity indices ended the volatile session almost flat on Tuesday, retreating from record highs hit earlier in the day. The barometer index, the S&P BSE Sensex, fell 26.09 points or 0.07% to settle at 37,665.80. The Nifty 50 index rose 2.35 points or 0.02% to settle at 11,389.45.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 314.83 crore yesterday, 7 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 319.90 crore yesterday, 7 August 2018, as per provisional data.

Among corporate news, Bharat Petroleum Corporation, Cipla, Hindustan Petroleum Corporation, Lupin and Siemens will unveil their April-June 2018 result today, 8 August 2018.

GAIL (India) will be watched. The company announced that Sales Tax Department raised a demand of Rs 3449.18 crore and interest thereon Rs 1513.04 crore in respect of Hazira unit in Gujarat, treating the transfer of natural gas from the State of Gujarat to other states, as inter-state sales, during the period from April 1994 to March 2001. Based on the direction of Supreme Court of India in the special writ petition filed by GAIL, the Gujarat Sales Tax Tribunal passed the order in GAIL's favour and gave instructions for reassessment, considering inter-state transfer as branch transfer.

The Sales Tax Department had filed rectification application under section 72 of the Gujarat Sales Tax Act, 1969 with the Gujarat Sales Tax Tribunal which was dismissed by the Tribunal. Thereafter, the Sales Tax Department had filed petitions before the High Court of Gujarat against the order of the Tribunal and the same was pending as on 31 March 2018. The High Court of Gujarat vide Order dated 31 July 2018 has dismissed the petitions filed by the Gujarat Sales Tax Department. The announcement was made after market hours yesterday, 7 August 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 14 points at the opening bell.

Overseas, most Asian stocks rose on positive leads from earnings-led gains on Wall Street. The three major US stock indexes closed higher on Monday amid a strong US earnings season, with results from Berkshire Hathaway impressing and Facebook lifting the Nasdaq after a report it was planning new services.

Back home, domestic stocks logged modest gains in a steady session of trade yesterday, 6 August 2018 on buying demand in index pivotals. The barometer index, the S&P BSE Sensex, rose 135.73 points or 0.36% at 37,691.89. The Nifty 50 index rose 26.30 points or 0.23% at 11,387.10. The Sensex and the Nifty, both, attained record closing high levels.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 248.70 crore yesterday, 6 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 218.64 crore yesterday, 6 August 2018, as per provisional data.

Among corporate news, on a consolidated basis, Adani Ports And Special Economic Zone's net profit fell 9.14% to Rs 697.40 crore on 12.17% decline in net sales to Rs 2411.03 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 6 August 2018.

Sun Pharmaceutical Industries announced that it launched Kapspargo Sprinkle (metoprolol succinate) extended release capsules in the US, for the treatment of hypertension (to lower blood pressure), angina pectoris (chest pain), and heart failure (to reduce the risk of cardiovascular mortality and heart-failure hospitalization in patients with heart failure). The announcement was made after market hours yesterday, 6 August 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could gain 41 points at the opening bell.

Overseas, Asian stocks were trading higher as earnings seasons rolls on. US stocks closed higher Friday as positive earnings surprises lifted shares.

Back home, the market jumped on Friday, 3 August 2018 after two consecutive sessions of falls, boosted by banks stocks. The barometer index, the S&P BSE Sensex, rose 391 points or 1.05% to settle at 37,556.16. The Nifty 50 index rose 116.10 points or 1.03% to settle at 11,360.80.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 5.87 crore on Friday, 3 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 87.08 crore on Friday, 3 August 2018, as per provisional data.

Among corporate news, HDFC Asset Management Company (HDFC AMC) debuts on the secondary equity market today, 6 August 2018. The company had priced the initial public offer (IPO) at the top end of the Rs 1,095 - Rs 1,100 per share price band. The IPO of HDFC AMC received bids for 156.19 crore shares. The IPO was subscribed 83.06 times. The issue opened for subscription on 25 July 2018 and closed on 27 July 2018.

TCS announced that it fixed 18 August 2018 as the record date for the purpose of determining the entitlement and the names of the equity shareholders who shall be eligible to participate in the buyback offer of the company. The announcement was made on Saturday, 4 August 2018.

Wipro said it effected a settlement for the release of all claims under the lawsuit with National Grid US and a Stipulation of Discontinuance of the lawsuit has been filed in the US District Court for the Eastern District of New York. The formalities for withdrawal of the lawsuit are expected to be completed shortly. The settlement has been effected for an amount of $75 million and is without admission of liability or wrongdoing of any kind by the parties. The lawsuit was filed by National Grid US in 2017 seeking damages amounting to $140 million plus additional costs related to an ERP implementation project.

National Grid has been a valued customer of Wipro for over a decade and both organisations have had a mutually beneficial relationship over the years. Wipro said it believes that this settlement will be commercially beneficial for the company and will help it remain focused on growth. The settlement is expected to reflect in the financials of Wipro for the quarter ending 30 September 2018. The announcement was made on Saturday, 4 August 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 43 points at the opening bell on bargain hunting after a recent sell off.

Overseas, Asian stocks were mixed, with several regional markets attempting to recover after sliding on trade jitters in the last session. The cautious mood came amid an elevation in trade tensions between the US and China. The trade war between the world's top two economies intensified midweek after US President Donald Trump raised pressure on China by proposing a higher 25% tariff on $200 billion worth of Chinese imports. China reportedly responded on Thursday, saying that it was fully prepared to defend the interests of the people and free trade.

Investors were also cautious ahead of the July US jobs report due later on Friday, which will give a reading on the health of the world's largest economy and possible clues about the pace of Federal Reserve interest rate rises.

US stocks ended a rocky session decidedly higher on the back of a record rally by Apple that took the iPhone maker to a market cap above $1 trillion, a runup that helped Wall Street set aside bothering trade issues between the US and China.

On the US data front, initial jobless claims rose by 1,000 in the latest week, however they were near their lowest levels since the 1970s. The report comes a day ahead of the highly anticipated July jobs report. Separately, factory orders rose 0.7% in June.

Investors also digested the latest moves from the Bank of England (BoE), which pushed interest rates above their financial crisis lows on Thursday but signalled it was in no hurry to raise them further with an uncertain Brexit on the horizon. BoE raised its main interest rate by 25 basis points to 0.75%, as had been expected.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 639.87 crore yesterday, 2 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 340.30 crore yesterday, 2 August 2018, as per provisional data.

Domestic stocks dropped sharply in tandem with global stocks yesterday, 2 August 2018, on escalating US-China trade spat. The barometer index, the S&P BSE Sensex, lost 356.46 points or 0.95% to settle at 37,165.16. The Nifty 50 index lost 101.50 points or 0.89% to settle at 11,244.70.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 10.50 points at the opening bell.

Overseas, most Asian stocks declined as renewed US-China trade concerns offset strong gains in technology. US stocks closed mostly lower Wednesday after the Federal Reserve left interest rates unchanged but signaled another imminent rate increase. Fresh worries over US-China trade friction dampened sentiment although positive results from Apple buoyed the tech sector and helped the Nasdaq buck the weak trend.

The Trump administration announced it is looking at the possibility of slapping a 25% tariff on $200 billion worth of imported Chinese goods — from the initial 10% announced earlier.

Meanwhile, the US Federal Reserve concluded a two-day meeting on monetary policy and left its main interest rate unchanged at 1.75% to 2%, as widely expected, and indicated that it is likely to raise rates next month as the economy remains strong.

On the US data front, the latest data on private-sector employment showed 219,000 jobs added in July. Separately, the Markit manufacturing purchasing managers index came in at 55.3 in July. The Institute for Supply Management's July manufacturing index was 58.1%.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 95.94 crore yesterday, 1 August 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 562.33 crore yesterday, 1 August 2018, as per provisional data.

Domestic stocks drifted lower in volatile trade yesterday, 1 August 2018, after the Reserve Bank of India's monetary policy committee raised repo rate by 25 basis points. The barometer index, the S&P BSE Sensex, fell 84.96 points or 0.23% to settle at 37,521.62. The Nifty 50 index fell 10.30 points or 0.09% to settle at 11,346.20.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 20.50 points at the opening bell on positive global cues.

The Reserve Bank of India (RBI) will conclude its two-day monetary policy meeting today, 1 August 2018. The resolution of the Monetary Policy Committee (MPC) will be unveiled at 14:30 IST today, 1 August 2018. RBI raised its benchmark policy repo rate by 0.25% to 6.25% in its second bi-monthly monetary policy for 2018-2019 on 6 June 2018.

Overseas, Asian stocks edged higher, taking cues from the positive session seen in the US market following news that the US and China may restart official talks about their months-long trade dispute.

US stocks closed higher Tuesday, as investors continued to digest an onslaught of quarterly earnings reports, with the vast majority beating expectations. But headline news on trade continued to drive markets.

According to media reports, representatives of US Treasury Secretary Steven Mnuchin and Chinese Vice Premier Liu He are in private talks to resume negotiations on trade matters in a bid to avoid a trade war.

Investors will be watching data from around the Asian region, including manufacturing activity numbers from China, for indications of the outlook for the global economy.

Policy meetings of the US Federal Reserve on Wednesday, 1 August 2018, and the Bank of England on Thursday, 2 August 2018, will also keep some investors on the sidelines, although the US central bank is expected to keep rates unchanged.

On the US data front, consumer spending rose a solid 0.4% in June. Meanwhile, the employment cost index rose 0.6% in the second quarter. The S&P/Case-Shiller national index rose a seasonally adjusted 0.4% and was up 6.4% for the year in May. A measure of regional manufacturing activity in Chicago came in at the highest in six months. Chicago PMI rose 1.4 points to 65.5 in July, MNI Indicators said. Any reading above 50 indicates improving conditions. Separately, a reading of consumer confidence came in at 127.4 in July, compared with 126.5 in the previous month.

Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 572.21 crore yesterday, 31 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 290.87 crore yesterday, 31 July 2018, as per provisional data.

Domestic stocks extended their recent record-setting spree yesterday, 31 July 2018, on buying demand in index pivotals. The barometer index, the S&P BSE Sensex, rose 112.18 points or 0.30% to settle at 37,606.58. The Nifty 50 index rose 36.95 points or 0.33% to settle at 11,356.50. Both the Sensex and the Nifty hit record high on intraday as well as closing basis.

Market is seen opening lower tracking negative leads from Asian markets and overnight fall on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 9 points at the opening bell.

The Reserve Bank of India's (RBI)'s Monetary Policy Committee (MPC) will meet today, 31 July and tomorrow, 1 August 2018 for the third bi-monthly monetary policy statement for 2018-2019. The resolution of the MPC will be unveiled at 14:30 IST on 1 August 2018. RBI raised its benchmark policy repo rate by 0.25% to 6.25% in its second bi-monthly monetary policy for 2018-2019 on 6 June 2018.

Overseas, Asian shares were trading lower after Wall Street posted losses amid weakness in the technology sector. Growth in China's services industry in July moderated for the first time in five months, an official survey showed on Tuesday, a sign activity is slowing in a major part of the world's second largest economy. The official non-manufacturing Purchasing Managers' Index (PMI) fell to 54.0 from 55.0 in June, well above the 50-point mark that separates growth from contraction.

Meanwhile, investors are set to focus on the Bank of Japan's decision at the end of its policy meeting later in the day. The US Federal Reserve's Federal Open Market Committee, meanwhile, was due to begin its own monetary policy meeting on Tuesday US hours, with a decision due on Wednesday. The Fed is expected to keep rates steady at the end of its meeting.

On the US data front, US pending home sales rose 0.9% in June, the National Association of Realtors said Monday.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 234.04 crore yesterday, 30 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 48.58 crore yesterday, 30 July 2018, as per provisional data.

Stocks logged modest gains yesterday, 30 July 2018, on steady buying in index pivotals. The barometer index, the S&P BSE Sensex, rose 157.55 points or 0.42% to settle at 37,494.40. The Nifty 50 index rose 41.20 points or 0.37% to settle at 11,319.55. Both the Sensex and the Nifty hit record high on intraday as well as closing basis.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 13.50 points at the opening bell.

Overseas, Asian stocks declined as markets took cues from declines in Wall Street's last session, with focus this week shifting to the Bank of Japan.

The Bank of Japan (BoJ) will declare its interest rate decision on Tuesday, 31 July 2018. BoJ left its key short-term interest rate unchanged at -0.1% at its June 2018 meeting.

US stocks closed lower Friday, 27 July 2018, following disappointing results from Twitter Inc. and bellwethers, including Exxon and Intel.

US second-quarter GDP grew at 4.1%, with a jump in consumer spending and business investment contributing to the figure. That was the quickest pace of growth since 2014. Separately, consumer sentiment fell to a six-month low in July, the University of Michigan said.

Meanwhile, the Federal Reserve's Federal Open Market Committee will embark on its two-day meeting on Tuesday, with the central bank expected to announce its decision during Wednesday, 1 August 2018, US hours.

Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 738.05 crore on Friday, 27 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 406.12 crore on Friday, 27 July 2018, as per provisional data.

Key benchmark indices logged strong gains in steady session of trade on Friday, 27 July 2018. The barometer index, the S&P BSE Sensex, gained 352.21 points or 0.95% to settle at 37,336.85. The Nifty 50 index gained 111.05 points or 0.99% to settle at 11,278.35. Both the Sensex and the Nifty hit record high on intraday as well as closing basis. Positive global stocks also boosted sentiment on the domestic bourses.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 33 points at the opening bell.

Overseas, Asian stocks edged higher following a series of steps by China shifting to stimulus mode. US equity indexes closed mostly lower Thursday thanks to Facebook Inc.'s historic plunge, as gains in the energy and industrial sectors weren't enough to offset the social network's meltdown.

Back home, key benchmark indices logged modest gains in volatile session of trade yesterday, 26 July 2018. The barometer index, the S&P BSE Sensex, rose 126.41 points or 0.34% to settle at 36,984.64. The Nifty 50 index rose 35.30 points or 0.32% to settle at 11,167.30. Better-than-expected June 2018 quarterly results from index pivotals boosted sentiment on the domestic bourses.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 2453.57 crore yesterday, 26 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 2716.04 crore yesterday, 26 July 2018, as per provisional data.

Among corporate news, HCL Technologies, ICICI Bank and Reliance Industries will announce their June 2018 quarterly result today, 27 July 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 28 points at the opening bell. Trading could be volatile as traders roll over positions in the F&O segment from the near month July 2018 series to August 2018 series. The July 2018 F&O contracts expire today, 26 July 2018.

Overseas, Asian stocks climbed tracking gains in US shares. US equities advanced Wednesday, after US President Donald Trump reached an agreement with European Commission President Jean-Claude Juncker aimed at averting a transatlantic trade war.

Back home, a divergent trend was seen yesterday, 25 July 2018 as the Sensex ended with small gains while the Nifty 50 index ended with minor losses. The barometer index, the S&P BSE Sensex, rose 33.13 points or 0.09% to settle at 36,858.23. The Nifty 50 index fell 2.30 points or 0.02% to settle at 11,132.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 1195.75 crore yesterday, 25 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 97.64 crore yesterday, 25 July 2018, as per provisional data.

Among corporate news, Bharti Airtel, Dr Reddy's Laboratories, ITC, Maruti Suzuki India and Yes Bank will announce April-June 2018 earnings today, 26 July 2018.

On a consolidated basis, net profit of Larsen & Toubro (L&T) rose 43.15% to Rs 1472 crore on 18.78% rise in net sales to Rs 28283.45 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 25 July 2018.

Net profit of Hero MotoCorp fell 0.53% to Rs 909.17 crore on 10.39% rise in net sales to Rs 8809.82 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 25 July 2018.

On a consolidated basis, net profit of Ambuja Cements fell 4.70% to Rs 684.46 crore on 7.81% rise in net sales to Rs 6835.12 crore in Q2 June 2018 over Q2 June 2017. The result was announced after market hours yesterday, 25 July 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 13 points at the opening bell.

Overseas, most Asian stocks were trading lower. US equity benchmarks finished Tuesday mostly higher, led by technology and health-care companies.

Back home, the market gained for the third straight session yesterday, 24 July 2018 as cement and auto stocks surged on hopes of improved results. The barometer index, the S&P BSE Sensex, rose 106.50 points or 0.29% at 36,825.10. The Nifty 50 index rose 49.55 points or 0.45% at 11,134.30. Positive global stocks also lifted sentiment.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 104.34 crore yesterday, 24 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 513.78 crore yesterday, 24 July 2018, as per provisional data.

Among corporate news, Bharti Infratel, Hero MotoCorp, L&T and Ambuja Cements will unveil April-June 2018 earnings today, 25 July 2018.

On a consolidated basis, Asian Paints' net profit rose 29.63% to Rs 571.31 crore on 15.07% increase in net sales to Rs 4390.27 crore in Q1 June 2018 over Q1 June 2017. The result was announced after market hours yesterday, 24 July 2018.

HDFC announced after market hours yesterday, 24 July 2018, that in the proposed meeting on 30 July 2018, the company's board will consider raising up to $1.5 billion via external commercial borrowing (ECB). The company had earlier announced that its board will meet on 30 July 2018, to consider Q1 June 2018 results, and approve issuance of secured redeemable non-convertible debentures aggregating to Rs 35000 crore on a private placement basis, subject to approval of shareholders of the corporation.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 4 points at the opening bell.

Overseas, Asian stocks rose after their US counterparts closed higher and as rising yields boosted financials. US stock indices got a boost from bank shares in an otherwise lackluster session Monday as investors digested warnings from the world's financial leaders about the impact of protectionism on growth.

Back home, trading for the week began on an upbeat note yesterday, 23 July 2018 buoyed by the Narendra Modi government winning the no-confidence motion in the Lok Sabha on Friday, 20 July 2018. The barometer index, the S&P BSE Sensex, gained 222.23 points or 0.61% at 36,718.60. The Nifty 50 index gained 74.55 points or 0.68% at 11,084.75. The Sensex settled at a record closing high level. Stocks also got a boost by the government's reduction in goods and services tax (GST) rate on 88 goods and services.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 259.37 crore yesterday, 23 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 124.82 crore yesterday, 23 July 2018, as per provisional data.

Among corporate news, on a consolidated basis, ACC's net profit rose 0.77% to Rs 328.74 crore on 13.75% rise in net sales to Rs 3767.90 crore in Q2 June 2018 over Q2 June 2017. The result was announced after market hours yesterday, 23 July 2018.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 5 points at the opening bell.

Overseas, Asian stocks were mixed after the Bank of Japan offered to buy bonds at the first fixed-rate operation since February, in a sign the central bank was trying to rein yields. US stocks closed mostly lower on Friday, 20 July 2018 after President Donald Trump's latest verbal salvos fanned investor concern that a global trade war is escalating.

Back home, stocks edged higher on Friday, 20 July 2018 as investors awaited the outcome of a no-confidence motion against the government. The barometer index, the S&P BSE Sensex, rose 145.14 points or 0.40% to settle at 36,496.37. The Nifty 50 index rose 53.10 points or 0.48% to settle at 11,010.20.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 310.27 crore on Friday, 20 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 50.73 crore on Friday, Friday, 20 July 2018, as per provisional data.

On the political front, the Narendra Modi government won the no-confidence motion in the Lok Sabha on Friday, 20 July 2018 following a 12-hour debate in the Lower House. In a 451-member House that voted, 126 members voted in favour of the motion, 325 votes went against it. The no-confidence motion was brought by the Telugu Desam Party (TDP) and supported by several Opposition parties including the Congress.

Among corporate news, HDFC Bank's net profit rose 18.17% to Rs 4601.44 crore on 18.85% increase in total income to Rs 26367.04 crore in Q1 June 2018 over Q1 June 2017. The result was announced on Saturday, 20 July 2018.

On a consolidated basis, Wipro's net profit rose 16.27% to Rs 2093.80 crore on 1.52% increase in net sales to Rs 13977.70 crore in Q1 June 2018 over Q4 March 2018. The result was announced after market hours on Friday, 20 July 2018.

IT services segment revenue rose 2.2% to Rs 13700 crore in Q1 June 2018 over Q4 March 2018. Wipro expects revenue from its IT services business to be in the range of $2,009 million to $2,049 million. This translates to a sequential growth of 0.3% to 2.3%, excluding the impact of the divestment of its hosted data center services business which concluded in the quarter ended 30 June 2018.

Market is seen opening lower tracking mixed cues from Asian markets and overnight fall on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 13:50 points at the opening bell.

The Lok Sabha will take up the debate on the no-confidence motion against the Narendra Modi government, brought by the Telugu Desam Party, later today, 20 July 2018. The Lok Sabha proceedings will start at 11:00 IST.

Overseas, Asian shares were mixed, tracking overnight slide in the US market amid US President Donald Trump's criticism of the Federal Reserve, while the yuan weakened further.

US stocks slipped on Thursday as earnings season rolled on, with investors digesting comments from Trump on the Fed. Trump told the media on Thursday that he was not thrilled that the Federal Reserve was hiking interest rates. Worries about a potential trade war also weighted on investor sentiment after Trump threatened tremendous retribution against the European Union on Wednesday, specifically mentioning auto tariffs, if his meeting with EU officials next week does not yield what he considers a fair auto trade deal.

On the US data front, initial jobless claims fell by 8,000 last week. Separately, the Philly Fed manufacturing index rose 6 points to a reading of 25.7 in July.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 315.69 crore yesterday, 19 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 470.02 crore yesterday, 19 July 2018, as per provisional data.

Among corporate news, Wipro, Bajaj Auto and HDFC Standard Life Insurance Company will announce April-June 2018 earnings today, 20 July 2018.

Stocks ended with small losses after a volatile session of trade yesterday, 19 July 2018. The barometer index, the S&P BSE Sensex, fell 22.21 points or 0.06% to settle at 36,351.23. The Nifty 50 index fell 23.35 points or 0.21% to settle at 10,957.10.

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 29 points at the opening bell on positive global cues.

Overseas, Asian shares were trading higher, taking cues from Wall Street's overnight advance. Japan logged a trade surplus in June, after booking a deficit the previous month, official data showed Thursday, with exports rising despite ongoing international trade tensions. Finance ministry data showed a surplus of 721.4 billion yen ($6.4 billion), up 66.5% from a year earlier. Japan's exports were up 6.7% while imports also edged up 2.5%, according to the data.

US stocks finished mostly higher Wednesday as an anecdotal account of business conditions in the Federal Reserve's 12 districts painted an upbeat picture of the domestic economy. The Fed's Beige Book revealed a domestic economy that has rapidly expanded, but one that has run out of room to grow much faster as shortages of skilled workers and rising costs of raw materials risk impeding another leg of expansion. The anecdotal account of business conditions in the Fed's 12 districts showed that 11 regions of the country were growing at a modest pace or even faster. Only the states around St. Louis reported slight growth.

Meanwhile, Federal Reserve Chairman Jerome Powell appeared before the House Committee on Financial Services Wednesday, 18 July 2018, to face questioning from lawmakers on the Fed's plans going forward. Powell also faced questioning Tuesday.

Testifying on Wednesday in front of the House Financial Services Committee, Powell emphasized the US central bank's desire to raise rates further this year and said he sees few signs that an economic recession is on the horizon.

On a US data front, Housing starts in June dropped by 12.3% from lowered numbers in May and were 3% lower than year-ago levels.

Closer home, foreign portfolio investors (FPIs) bought shares worth a net Rs 95.68 crore yesterday, 18 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 111.01 crore yesterday, 18 July 2018, as per provisional data.

Among corporate news, Bajaj Finance and Kotak Mahindra Bank will announce April-June 2018 earnings today, 19 July 2018.

Key benchmark indices dropped in volatile trade yesterday, 18 July 2018, as the opposition parties tabled a no-confidence motion against Prime Minister Narendra Modi's government. The barometer index, the S&P BSE Sensex, fell 146.52 points or 0.4% to settle at 36,373.44. The Nifty 50 index fell 27.60 points or 0.25% to settle at 10,980.45. The Nifty settled below the psychologically important 11,000 mark after moving above and below that level in intraday trade.

Market is seen opening higher, tracking positive leads from Asian markets and overnight gains on the Wall Street. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could rise 34 points at the opening bell.

Overseas, Asian shares were trading higher, tracking overnight gains in the US market following upbeat remarks from Federal Reserve Chairman Jerome Powell during his congressional testimony.

US stocks closed higher on Tuesday, extending a recent upswing after Fed's Powell indicated the US central bank would not move too quickly in changing monetary policy, and that it would be flexible in the face of changing conditions. Traders also digested the latest round of corporate earnings, which came in mixed but nevertheless showed strong growth.

Appearing in front of the Senate Banking Committee, Powell said the best way forward is to keep gradually raising the federal-funds rate for now. In a cautious note, however, Powell said that it is difficult to predict the ultimate outcome of current discussions over trade policy as well as the size and timing of the economic effects of the recent changes in fiscal policy.

On the US data front, industrial production rose 0.6% in June to more than offset a similarly sized decline in May. The National Association of Home Builders' monthly confidence index was unchanged at 68 in July.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 673.99 crore yesterday, 17 July 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 840.06 crore yesterday, 17 July 2018, as per provisional data.

Among corporate news, Ultratech Cement will announce April-June 2018 earnings today, 18 July 2018.

Key benchmark indices ended with modest gains yesterday, 17 July 2018, boosted by a sharp slide in global crude oil prices. The barometer index, the S&P BSE Sensex, gained 196.19 points or 0.54% to settle at 36,519.96. The Nifty 50 index rose 71.20 points or 0.65% to settle at 11,008.05. The Nifty settled above the psychologically important 11,000 mark after crossing that level in intraday trade.

On the political front, the Monsoon Session of Parliament will begin today, 18 July 2018 and will conclude on 10 August 2018. The Session will provide a total of 18 sittings spread over a period of 24 days. Government has listed a substantive legislative business for the session. This includes 48 items, including 46 Bills and two financial matters. The bills prioritised by the government include The Muslim Women (Protection of Rights on Marriage) Bill or the anti-instant triple talaq bill and The Constitution (123rd Amendment) Bill, that gives Constitutional status to the National Commission for Backward Classes.