The opening for the Indian markets is likely to be subdued as Asian markets are indecisive, and in overnight trade, the Wall Street was a tad nervous. Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could open with a loss of 30 points at 10,672.  

The Brent crude prices are back to the highs after 2014, with Brent crude touching $80.18 per barrel. The WTI crude is also up at $71.78 per barrel. The global demand-supply scenario and geo-political turmoil.

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Bajaj Finance Ltd reported strong earnings for the quarter with strong advances growth and steady asset quality growth.

Revenue for full years 2017-18 rose 17.3 per cent yoy to Rs. 2108 crore. EBITDA for the period rose 11.2 per cent yoy to Rs. 303 crore with corresponding margin contraction of 80 bps.

Escorts standalone revenue for the quarter came in at Rs. 1,436.1 crore, registering 37.6 per cent yoy increase. This was due to robust growth across all segment.

Larsen and Toubro (L&T) on Thursday announced that its subsidiary L&T Construction has bagged orders worth Rs. 2,440 crore in the domestic market.

Steelmaker JSW Steel posted stellar numbers for the quarter and the year ended March 2018. The company's operating profit to interest was at its best at 5.99 times.

Following stocks are close to their 52-week low as at 1.01 p.m. on May 17, 2018.

The markets on May 17, 2018 opened gap up. BSE Sensex is trading at 35,303.44, down by 84.44 points and the Nifty is trading at 10,712.45, down by 28.65 points.