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Domestic indices will track stock specific action today amid the earnings season, while volatility may also be on cards a day ahead of the monthly F&O expiry.
In the primary market, the Rs 1,581 crores-initial public offer (IPO) of Hyderabad-based Rainbow Children’s Medicare Ltd will open for subscription today and close on Friday, April 29. Read here to know what analysts recommend.
Global cues
On Tuesday, the tech-heavy Nasdaq led decline dropping 3.95 per cent and hitting a fresh 52-week low. The Dow shed 2.4 per cent, and the S&P 500 lost 2.8 per cent.
Tracking this, Asian stocks were mostly in red this morning. Hang Seng and Nikkei fell up to1.5 per cent. Strait Times was down 0.12 per cent. Shenzhen Component and Shanghai Composite were flat, while Kospi fell 1.4 per cent.
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