Updated on 19 Sept 2018
Todays Nifty and Sensex Direction
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Asian markets recovered on Wednesday as investors looked past the latest round of escalation in the US-China trade war, which bodes well for the domestic market. But a continual weakness in rupee is a bearish sign for FII and due which they have turned net sellers in the month of September till now.
Singapore trading sets a positive start for Indian stocks
Nifty futures on the Singapore Exchange were trading 25 points higher at 11,340, indicating a positive start for the Nifty50.
US stocks ended higher in overnight trade
The Dow Jones Industrial Average index rose 184.84 points, or 0.71 per cent, to 26,246.96, the S&P500 index gained 15.51 points, or 0.54 per cent, to 2,904.31 and the Nasdaq Composite index added 60.32 points, or 0.76 per cent, to 7,956.11.
Sun Pharma: Almirall has received the European Commission (EC) approval for Ilumetri (tildrakizumab) for the treatment of adults with moderate-to-severe chronic plaque psoriasis who are candidates for systemic therapy.
ICICI Bank: The bank in clarification note said it has not filed any application for settlement after certain media reports indicated that the bank has filed a consent petition with SEBI.