Stock market
Stock market
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Trends on SGX Nifty indicate a flat start for the broader index with a gain of 2 points. The Nifty futures were trading around 15,840 level on the Singaporean Exchange.

The Nasdaq and the S&P 500 indexes all hit all-time highs on Thursdays, with the Dow also jumping as US President Joe Biden embraced a bipartisan Senate infrastructure deal.

The Dow Jones Industrial Average was up 1.04 percent at 34,225.35 points, while the S&P 500 gained 0.66 percent to 4,269.79. The Nasdaq Composite added 0.72 percent to 14,374.56.

Benchmark indices is expected to open muted as trends on SGX Nifty indicates a flat opening for the index in India with a 10 points gain.

Asian markets up

Asian markets were mostly higher tracking US markets overnight. Nikkei and Hang Seng rose 0.5 percent each, while Kospi and Taiwan index gained 0.7 percent each.

Reliance Industries held its 44th annual general meeting on June 24. The company's chairman Mukesh Ambani, while addressing the shareholders, made a number of announcements across its telecom, retail and O2C business segments.

Google and Jio teams have jointly developed a breakthrough smartphone called JIOPHONE Next. The fully-featured smartphone supports the entire suite of applications from both Google and Jio, as well as the Android Plays Store through which users will have access to the entire universe of Android apps, Ambani said.

Quarterly results announcements today

Key companies announcing their quarterly results today are Atul Auto, Banco India and Finolex Industries. Immediate support and resistance for Nifty 50 are 15,600 and 15,900 respectively.

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