From global markets, Maharashtra’s unlocking to Q1 results, here are top developments highlighted by Zee Business’ that would drive the Indian markets today. 

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The global markets, especially the US markets, set a new record again, while Dow Jones surged 220 points, however slight softening in Nasdaq on Wednesday. 

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Similarly, SGX Nifty rises slightly near 16325 levels, while Dow futures were trading flat and in Asian Market, Japan’s Nikkei was 100 points stronger in the early morning trade today,

In commodities, crude oil improved to above $ 71 per barrel with a recovery of $25, while Gold reached above $1750 and silver flat above $23.

After market yesterday, Bata presented weak first-quarter results with more losses than expected, while Cummins's results were in line with expectations.

In the Nifty heavyweights, Tata Steel, Eicher Motors and Hero Moto are scheduled to release their quarterly results today, similarly, BPCL is also slated to come out with its Q1 results today.

Seven companies in the Futures market such as Ashok Leyland, Aurobindo Pharma, Bharat Forge, IRCTC, NMDC, Page Industries, and PFC are also supposed to come out with their Q1 results today.

Two active initial public offers of Chemplast Sanmar and Aptus Value Housing Finance receives a slow response. Both issues to are subjected to close today with the last day of subscription on Thursday. Zee Business Managing Editor Anil Singhvi advice to stay away from the former and invest in the latter for the long term.

Hotels, restaurants, eateries, and malls will open in Maharashtra from August 15, 2021, till 10 pm. The state government has given the approval to open these public places with 50 per cent capacity.