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5 things to track before market opens today

SUMMARY

Indian benchmark indices ended Monday's trading session on a negative note, ending its nine-day gaining streak. Here are the top five things to know before market opens today:

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By Sonia Shenoy  Apr 18, 2023 7:06:50 AM IST (Published)

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 Sensex and Nifty end the nine-day gaining streak on Monday | The market sentiment weakened post disappointing numbers from Infosys. Nifty is facing resistance at 17850-17900 on upside.

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Foreign investors sell in the cash market after 10 days of buying | Foreign institutional investors (FIIs) net sold Rs 533 crore in cash market yesterday, whereas domestic institutional investors (DIIs) bought Rs 269 crore in cash yesterday.

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US markets close higher on Monday | S&P 500 was up 0.3 percent , whereas Dow Jones ended 100 points higher. Google parent Alphabet Inc's stock was down 2 percent after The New York Times reported that Samsung is considering switching its default search engine to Bing. Bank of America, Goldman Sachs, Johnson and Johnson to report earnings today.

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Avalon Technologies IPO to list on the exchanges today | Avalon Technology is a fully-integrated electronic manufacturing services (EMS) company with end-to-end operations delivering box-build solutions in India.  Rs 865 crore initial share sale was subscribed 2.21X at close.

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Strong earnings from Just dial and Angel One |  Angel One's revenue was up 10 percent at Rs 826 crores and profit was up 17 percent at Rs 276 crore. Just dial | The company added a revenue growth of 39.5 percent year-on-year at Rs 232.5 crore, profit was up 279 percent year-on-year at Rs 83.8 crore.

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