Markets end marginally lower as investors focus on Q1 results; PSBs drag

Track all that happened in the market here

9:09 AM

Wall Street update

 

A Netflix rally boosted the Nasdaq Composite to a record high on Tuesday while Goldman Sachs Group Inc dragged the Dow lower as earnings take center stage on Wall Street. The Nasdaq posted its eighth consecutive session of gains, the longest streak since its 10-day string in February 2015.

 

The Dow Jones Industrial Average fell 54.99 points, or 0.25% to 21,574.73, the S&P 500 gained 1.47 points, or 0.06% to 2,460.61 and the Nasdaq Composite added 29.87 points, or 0.47% to 6,344.31.

9:08 AM

Market regulator, Sebi, is planning to tighten depository receipt regulations. All you need to know

9:07 AM

ONGC, HPCL turn flat after gaining up to 10% in pre-open trade. The Union Cabinet on Wednesday approved the sale of its 51% equity in Hindustan Petroleum Corporation (HPCL), the country’s second largest fuel retailer, to Oil and Natural Gas Corporation (ONGC). 

9:07 AM

Techncial check on the markets

 

Nifty closed in the positive territory in the last trading session. The momentum indicator is still in buy mode on the daily charts, which has kept the hopes alive for the bulls that the Index may touch 10000 mark in this expiry itself. Now, for the Nifty to hit 10,000 mark, it needs to take off its crucial resistance of 9950 levels in immediate basis, which will then trigger some upward momentum led by some short covering as well: Anand Rathi Research

9:05 AM

Nifty reclaims its crucial 9,900, while Sensex gained over 100 points in pre-open trade

9:04 AM

ONGC to take over HPCL Get all the details here

8:54 AM

SGX Nifty

At 8:52 am, the SGX Nifty, was trading at 9,926.50, down 1 points or 0.01%.