June 4 Market opening: Asian market signals a flat start for Indian market


Market Note:

  1. The Indian indices are expected to open on a negative note as indicated by Asian markets.

Today’s Events:

  1. US Balance of Trade (APR)

Today’s Q4 results:

  1. PI Industries
  2. SRF
  3. NIIT
  4. DLF
  5. PNB Gilts
  6. Cosmo Films
  7. TD Power Systems
  8. Safari Industries
  9. IL&FS Transportation Networks
  10. Chemfab Alkalis
  11. Filatex India
  12. Igarashi Motors India
  13. LKP Securities
  14. Tourism Finance Corporation

key Points:

  1. HDFC Life sold 2.6 crore shares in the company at Rs. 490.22.
  2. Oil prices dropped on Thursday based on worries that supply will rise if producers don’t agree to extend the depth of output cuts.
  3. In addition, Nifty futures at 7.30 IST, were trading at 10,151.
  4. Market: At pre-open, Benchmark Indices are trading flat. At 9.03 IST, Sensex was down 2.99 percent and Nifty was down 0.09 percent.

Market Expectations:

  1. Nifty June Futures: Support- 10010/9945  Resistance- 10165/10265


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