Today Nifty 50 is expected to open on a flat note today, as SGX Nifty was trading at 18416 (-0.27%), as the index is trying to consolidate in the current range, making it bounce in the 18200-18400 range.
Here are some factors that could influence the market today:
The US markets closed lower on Wednesday, with the Dow Jones Industrial Average down 0.67%, the S&P 500 down 0.72%, and the Nasdaq Composite down 0.95%.
The rupee closed at 77.56 against the US dollar on Wednesday, down 0.23%.
Oil prices were trading higher on Wednesday, with Brent crude up 0.86% to $119.73 per barrel and WTI crude up 0.85% to $118.93 per barrel.
Overall, the market is expected to trade in a range today, with the Nifty 50 likely to open on a flat note. Investors should focus on stock-specific news and events while making investment decisions.
Here are some stocks that could be in focus today:
Tata Consultancy Services
State Bank of India
Disclaimer: This is not a financial advice. Please consult a financial advisor before making any investment decisions.