The key benchmark indices are likely to start trade on a bullish note following a steep fall in oil prices on hopes of de-escalation of tension between Russia-Ukraine. As of 07:00 AM, the SGX Nifty futures quoted at 16,630 – indicating a sharp gap-up of nearly 300 points on the Nifty 50 benchmark.
Apart from global cues, the outcome to the recently concluded elections in five states, and the weekly F&O expiry could sway the market mood. Meanwhile, here are the stocks to focus in trade on Thursday.
Reliance Industries (RIL): The Mukesh Ambani-led firm’s Jamnagar facility has lifting crude processing and deferring planned maintenance to take advantage of surging demand for diesel in Europe. READ MORE