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Stocks To Watch: Reliance Industries, Jet Airways, Future Retail, Airtel

Stocks To Watch: Reliance Industries, Jet Airways, Future Retail, Airtel

NDTV
Thursday, January 06, 2022 03:39:39 AM UTC

The domestic stock indices are likely to trade lower on Thursday taking cues from the global markets.

New Delhi: The domestic stock indices are likely to trade lower on Thursday taking cues from the global markets. Asian shares fell extending a global slump after Federal Reserve meeting minutes pointed to a faster-than-expected rise in U.S. interest rates due to concerns about persistent inflation. Worries over higher U.S. rates combined with growing concerns about the rapid spread of the Omicron coronavirus variant to weigh on riskier assets. Trends on SGX Nifty indicated a negative opening for the markets back home. The Nifty Futures on Singapore Exchange also known as the SGX Nifty Futures fell 135.45 points or 0.75 per cent to 17,810.80.

The benchmark BSE Sensex had surged 367 points or 0.61 per cent to close at 60,223 on Wednesday, while the broader NSE Nifty had settled 120 points or 0.67 per cent higher at 17,805.

Here Are Stocks To Watch During Today's Session:

Reliance Industries: RIL has raised $4 billion in a three-tranche U.S. dollar bond issuance, according to a term sheet seen by new agency Reuters. The Indian conglomerate raised $1.5 billion in a 10-year tranche, $1.75 billion in a 30-year and $750 million in a 40-year deal.

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