Reliance Earnings and Asian Market Cues Set to Propel Indian Benchmarks Higher

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Indian benchmark indices are looking forward to a robust opening on Monday with Reliance Industries' better-than-anticipated earnings and positive Asian market cues. Investors are keenly watching geopolitical events and corporate results as major market sentiment drivers. Here is a comprehensive overview:

Reliance Industries Q4 Earnings:

Reliance Industries posted a consolidated net profit of ₹19,407 crore in Q4 FY25, exceeding market estimates.
Revenue climbed to ₹2.61 lakh crore, depicting expansion in retail and digital businesses.
The firm declared a dividend of ₹5.5 per equity share for FY25, additionally strengthening investor sentiments.

Asian Market Influence:

Asian markets marginally advanced on relief from the fading trade tensions and stable U.S. dollar direction.
Positive tariff negotiation developments between the U.S. and China have been driving better global sentiment.

Geopolitical Considerations:

Heightened tensions between India and Pakistan in the wake of the latest developments in Kashmir are being tracked closely.
In spite of geopolitical risks, foreign portfolio investors (FPIs) have continued to be net buyers of Indian equities for eight straight sessions.

Gift Nifty Futures:

Gift Nifty futures signaled a positive opening for the Nifty 50, which was trading at 24,258.5 against Friday's close of 24,039.35.

Sectoral Focus:

Reliance Industries' retail and digital businesses' strong performance are likely to drive sectoral gains.
Stocks such as Mahindra & Mahindra and Tata Technologies are also on the radar following recent announcements and earnings outcomes.

Market Outlook:

Market participants are forecasting a positive bias for Indian benchmarks with chances of consolidation at 23,500-24,350.
High volatility is likely in the face of geopolitical tensions and the ongoing Q4 earnings season.
This positive perspective underscores the strength of Indian markets and the central position of corporate results and overseas sentiments in determining the sentiment of investors.

Sources: MSN, CNBCTV18, Livemint

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