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Market opening - An Overview
Nifty futures on Singapore Exchange traded 19 points, or 0.12 per cent, higher at 15,355.50 signaling that Dalal Street was headed for a positive start on Thursday.
The dollar found support on Thursday from emerging views the Federal Reserve is slowly but surely edging towards a discussion about tightening monetary policy, and as traders await crucial U.S. inflation data this week.
The currency and bond markets were closed on Wednesday on account of Buddha Purnima. The domestic currency appreciated 19 paise on Tuesday to end at 72.77 against the US dollar.
Shares in News today:
Burger King India: The recently listed QSR chain reported a consolidated net loss of Rs 25.94 crore for the fourth quarter ended March 2021. It had posted a net loss of Rs 37.41 crore during the January-March 2020 quarter.
Aster DM Healthcare: The Health service firm has created a separate vertical for digital healthcare services and appointed Brandon Rowberry as the chief executive of the new division.
Pfizer: The drug firm reported a 2.38 per cent decline in net profit to Rs 100.55 crore for the quarter ended March 31, 2021. The company had posted a net profit of Rs 103.01 crore for the corresponding period of the previous fiscal.
Apollo Hospitals: Apollo Hospitals has ramped up its capacity to vaccinate people and is focusing on keeping vaccine wastage to minimum. a company official said on Wednesday.
Manappuram Finance: The gold loan lender reported a 17.6 per cent rise in its consolidated net profit at Rs 468.35 crore in the three months ended March 2021. It had a net profit of Rs 398.20 crore in the year-ago period.