How Modi Government Is Doing In Stock Market

Indian benchmark indices opened flat on Friday, 26th May 2017 as the Asian stocks dropped, turning away from Wall Street’s strong performance overnight. The Organization of Petroleum Exporting Countries and some non-OPEC producers agreed at a meeting in Vienna on Thursday to extend supply cuts of 1.8 million barrels per day until the end of the first quarter of 2018. The BSE Sensex was up 0.05% at 30,765.77 points while the NSE Nifty was down 0.02% at 9507.05 points in the opening bell. Today nearly 300 listed companies are going to announce their Q4 earnings which include DLF, ITC, Mahanagar Gas, ONGC, NBCC (India), Ricoh India, Sun Pharma, Sun TV Network, Tech Mahindra, Torrent Pharma, Videocon Industries.

On Friday, the Modi government completed three years continuing with the famous slogan of “minimum government and maximum governance” and the positive sentiments prevailing amid the investors as the corporate earnings continue to boost the Indian equities push the Sensex, Nifty to record highs. On the results perspective, nearly 300 listed companies are going to announce their Q4 earnings which include DLF, ITC, Mahanagar Gas, ONGC, NBCC (India), Ricoh India, Sun Pharma, Sun TV Network, Tech Mahindra, Torrent Pharma, Videocon Industries.

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