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The Nifty50 is likely to open flat on Friday amid negative trend seen in other Asian markets. The Nifty50 closed 23 points lower on Thursday at 10,957.
Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 11 points or 0.10 percent. Nifty futures were trading around 10,966.50-level on the Singaporean Exchange.
US stocks slipped on Thursday after earnings disappointed and trade jitters intensified on fears that the European Union could slap retaliatory tariffs on goods imported from the United States, said a Reuters report.
Asian stocks eked out modest gains on Friday as investor caution prevailed amid concerns about the European Union imposing retaliatory tariffs on US goods while US President Donald Trump's criticism of Federal Reserve policy knocked the dollar, it said.Results Today: Wipro, Bajaj Auto, Atul, Bata, MCX India, Ceat, Havells, Nelco, HDFC Standard Life Insurance Company, Zee Media Corporation, Just Dial, L&T Finance
Bajaj Finserv: Q1 consolidated profit rises 41 percent to Rs 825 crore versus Rs 585 crore; revenue increases 39 percent at Rs 3,943.6 crore versus Rs 2,839 crore (YoY).
Hatsun Agro Product: Q1 profit rises to Rs 37.85 crore versus Rs 35.18 crore; revenue increases to Rs 1,235.67 crore versus Rs 1,168.73 crore (YoY).
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