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April 27: Here's what you should know before the opening bell

April 27: Here's what you should know before the opening bell

April 27: Here's what you should know before the opening bell
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By CNBC-TV18 May 17, 2018 1:34:01 PM IST (Updated)

The market bounced back in the second half of the session on Thursday following the positive results posted by Yes Bank.

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The market is likely to have a strong opening today backed by global cues.
Here's what you should know before the opening bell 
  • Oil prices edged lower on Friday, but Brent largely held gains from the previous session amid concerns that Iran may face renewed sanctions, choking off the supply.
  • 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.
  • 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 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.
  • Air India is in the process of hiring around 270 co-pilots in the reserved category at a time when the government has initiated the loss-making carrier's disinvestment process, sources told PTI.
  • Housing prices went up by an average of 7.6 percent in the three months ended December 2017, with highest appreciation recorded in in Kochi, according to RBI data.
  • Lodha group will file for an initial public offering (IPO) as early as this week. The company is looking to raise around Rs 5000 crore via the offering, which will consist of a fresh issue and an offer for sale.
  • Gold prices languished near five-week lows on Friday, set for a weekly decline of more than 1 percent on a stronger dollar, higher US Treasury yields and easing geopolitical concerns.
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