Wednesday, 27 January 2016



The domestic equity indices are likely to open on a cautious note on Wednesday amid volatility in crude prices, a plunge in the Chinese stock market on Tuesday and suspense over the outcome of US Federal Reserve's rate-setting meeting. 

At 07:45 am, Nifty50 futures on the Singapore Stock Exchange were trading 40.50 points higher at 7,436, indicating a gap-up opening for the domestic market. Volatility is likely to surge amid December quarter earnings and ahead of the expiry of January series futures and options contracts on Thursday.

HDFC, PowerGrid, Havells India, BEL, Just Dial, SKS Microfinance, Neyveli Lignite and Colgate-Palmolive India are some of the companies that are scheduled to announce their December quarter earnings during the day.

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