Share Market News Today | Sensex, Nifty, Share Prices LIVE: The trends on SGX Nifty hint at a flat start with positive bias for the domestic indices. The Nifty futures were trading 22 points or 0.12% higher at 18,135.5 on the Singaporean Exchange early morning. On Thursday, the BSE Sensex settled 187.31 pts or 0.31% lower at 60,858.43. The Nifty 50 lost 57.50 pts or 0.32%, closing at 18,107.85. In the sectoral indices, Bank Nifty fell 0.30%, Nifty IT advanced 0.05%, and Nifty Pharma dipped 0.28%.
Mukesh Ambani-led Reliance Industries is expected to post a mixed set of financial numbers for the third quarter October-December on Friday, January 20, with net profit likely falling, but EBITDA rising. Reliance Industries’ – Nifty index’s biggest heavyweight – profit after tax (PAT) for fiscal third quarter is likely to fall 5-18% on-year due to volatility in oil demand owing to geopolitical disruptions. Low petrochemical margins and windfall tax will weigh on margins further, according to analysts. On the flip side, the company’s EBITDA is expected to rise in double digits largely driven by strong ONG, retail and telecom divisions.
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Share Market Today | Sensex, Nifty, BSE, NSE, Share Prices, Stock Market News Live Updates Friday 20 January