Indian stocks are expected to make a positive start as cues from the global markets are encouraging. The political crisis in Italy seems to be a thing of the past as it did not have a major impact on the Indian markets. One may look forward to some action in the Indian markets in the second half of the trading session as today is F&O expiry day for the May series. The trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty may open higher by 35 points around the level of 10,650.  

Coal India, the country’s largest coal manufacturer, posted strong top-line growth, however, higher employee benefit expenses lowered operating profit and bottom-line in Q4FY18.

Dilip Buildcon reported strong result across the board. The company also won significant amount of orders across the segments in FY18.

It is very important for the investor to decide where and how much money should be invested in various asset classes like equity, debts etc. This process is called asset allocation which is very important part of designing an investment portfolio.

Ganesh Benzoplast reported remarkable numbers for the quarter. The company reported write-back of Rs. 51.2 crore in the quarter.

Mishra Dhatu Nigam (MIDHANI) reported its results for the quarter ended March 31, 2018. The company’s standalone revenue for the quarter came in at Rs. 310.88 crore, registering 9.7 per cent yoy increase. This moderate growth is due to delay in order receipt and major revamping/modification of 1500T forge press.   

The company has order book of Rs. 3,332.6 crore as on December 31, 2017 with book-to-bill ratio of around 2x.

The PAT for the quarter came in at Rs. 2.92 crore, yoy increase of 137.4 per cent.

In a bid to enhance its digital experience ecosystem, software major Infosys has acquired US-based creative agency Wongdoody.

Following stocks are close to their 52-week low as at 12.43 p.m. on May 30, 2018.