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    Strong global cues likely to pull up market; Reliance Industries, Maruti to declare quarterly earnings today

    Strong global cues likely to pull up market; Reliance Industries, Maruti to declare quarterly earnings today

    Strong global cues likely to pull up market; Reliance Industries, Maruti to declare quarterly earnings today
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    By CNBC-TV18  IST (Updated)

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    The US market ended higher backed by stellar earnings. Dow Jones gained more than 200 points in trade and ended at 24,322 points. Nasdaq and S&P 500 (US) gained more than a percent.

    The market is likely to have a positive start backed by strong global cues today.

    The US market ended higher backed by stellar earnings. Dow Jones gained more than 200 points in trade and ended at 24,322 points. Nasdaq and S&P 500 (US) gained more than a percent.

    The Asian markets opened higher on Friday after strong US cues and a rebound in technology stocks. However, the Asian market is currently off highs but is still trading in the green.
    Korea's  KOSPI is near the low point of the day and is trading at 2497.94 points and Japan's Nikkei is trading at 22417 points.
    The SGX Nifty is trading at levels around 10,660 versus the Nifty May Future's Thursday's close of 10,632, indicating a positive start to the Indian equities.
    The market recovered in the second half on Thursday which helped the Indian market end April series on a high note with the Sensex gaining 212 points to 34,714 and the Nifty gaining 47 points to close above 10,600.
    The banking index, Nifty Bank, gained 196 points of which 134 points were contributed by Yes Bank. The bank reported Q4 numbers ahead of estimates with profit coming in at Rs 1,179 crore against the poll of Rs 1,061 crore.
    Reliance Industries, Maruti, Shoppers Stop, IDFC, RBL Bank, among others will declare their quarterly earnings today.
    Check out our in-depth Market Coverage, Business News & get real-time Stock Market Updates on CNBC-TV18. Also, Watch our channels CNBC-TV18, CNBC Awaaz and CNBC Bajar Live on-the-go!
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