Nifty futures on the Singapore Exchange were trading 0.10% lower at 17,883.50, signalling that Dalal Street was headed for a negative start on Friday.
Asian stocks fell as investors were worried that higher inflation tighter monetary policy will slowdown the economic recovery from the pandemic.
The Indian rupee lost 11 pasie to close at 74.92 against the US dollar on Thursday.
Earning Results:
BPCL, Adani Power, Dr Reddy’s Labs, Shree Cement, UPL, Vedanta, Adani Transmission, Apollo Tyres, Bandhan Bank, Barbeque-Nation Hospitality, Bharat Electronics, Cadila Healthcare, CARE Ratings, Castrol India, Chemplast Sanmar, Cholamandalam Investment and Finance Company, LT Foods, Dalmia Bharat Sugar and Industries, Dixon Technologies (India), Elecon Engineering, Emami, Embassy Office Parks REIT, Equitas Small Finance Bank, Escorts, Exide Industries, GAIL (India), Glaxosmithkline Pharmaceuticals, Indigo Paints, JK Lakshmi Cement, JSW Energy, Kolte-Patil Developers, Neuland Laboratories, Oberoi Realty, REC, RPG Life Sciences, SAIL, Satin Creditcare Network, Sumitomo Chemical India, TTK Healthcare, Varun Beverages, VIP Industries, and Voltas
Shares in News Today:
IRCTC: The Railway Ministry asked the company to share the revenue earned from convenience fee collected by IRCTC in the ratio of 50:50 with effect from November 1, 2021.
Adani Total Gas: The company approved to raise up to $750 million via Medium Term Note Programme. The company reported higher consolidated profit at Rs 158.12 crore in Q2FY22 against Rs 134.31 crore in Q2FY21, revenue increased to Rs 686.80 crore from Rs 441.16 crore YoY.
NTPC: The company reported lower standalone profit at Rs 3,211.9 crore in Q2FY22 against Rs 3,504.8 crore in Q2FY21, revenue jumped to Rs 28,329 crore from Rs 24,677.1 crore YoY.
RBL Bank: The bank reported lower profit at Rs 30.8 crore in Q2FY22 against Rs 144.2 crore in Q2FY21, net interest income fell to Rs 915.5 crore from Rs 932.1 crore YoY.
Tata Power Company: The company reported sharply higher consolidated profit at Rs 506 crore in Q2FY22 against Rs 371 crore in Q2FY21, consolidated revenue rose to Rs 9,502 crore from Rs 8,428 crore YoY.
DLF: The company reported sharply higher profit at Rs 378.1 crore in Q2FY22 against Rs 227.7 crore in Q2FY21, revenue fell to Rs 1,480.9 crore from Rs 1,609.8 crore YoY.