Indian equities expected to open with subdued gains due to mixed global cues

From Business Standard: 2024-05-07 22:03:16

Indian equities are expected to open with subdued gains on Wednesday due to mixed global cues. Asian markets show mixed performance, with Japan’s Nikkei 225 down 1%, while Australia’s ASX200 edges up 0.08%. US equities had a mixed session on Wall Street, with the Dow Jones and S&P 500 gaining slightly, while the Nasdaq closed lower. Brent crude trades lower at $83.47 per barrel. Investors will focus on key results from companies like Hero MotoCorp and L&T. Stock to watch include Voltas, JSW Energy, United Breweries, and Pidilite Industries, with varying profit results.



Read more at Business Standard: Stock Market LIVE on May 8: Indian equities could open with subdued gains tracking global cues | News on Markets