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The Indian market is expected to open flat-to-higher on Friday tracking muted trend seen in other Asian markets.

After a stunning rally in the global equity market over the past two days, stocks collectively took a breather ahead of the weekend. US Stocks traded range bound overnight weighed down by an abrupt halt to the rally in oil prices, which failed to hold on to the crucial $50 mark. The Dow Jones ended 23.22 points lower.

The most awaited speech since the US Federal Reserve's FOMC meeting way back in April, the Fed chief will speak at Massachusetts on Friday night as investors look on for clues to a rate hike.
STOCKS TO WATCH TODAY FOR TRADING
Power Grid: The state-run company posted a 13.2 per cent jump in standalone net profit at Rs 1,599.05 crore for the March quarter on higher revenues from power transmission business.

Jet Airways: Jet Airways posted its first annual net profit after eight years and its fourth straight quarterly net profit helped by lower fuel expenses and its own cost control measures.

ONGC: Oil and Natural Gas Corporation's fourth quarter profit jumped 12% mainly on reversal of impairment loss as well as lower provisioning for dry wells.

Deepak Fertilisers: The company reported a 5 per cent decline in net profit at Rs 25.92 crore for the fourth quarter of 2015-16 financial year.

SBI - State Bank of India is going to post Q4 results today.
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Lupin hits fresh 52-week low; down 7.5 percent in six days
Updated on 28 April 2017
Lupin hit a fresh 52-week low of Rs 1,320, down 1.3% in intra-day trade, extending its 6.4% decline in past five trading sessions on the BSE.

According to news reports, US health regulator issued Form 483 with three observations to Lupin Goa plant. The US Food and Drug Administration inspected this plant between March 27 and April 7, 2017.

The observations, as per reports, are- failure to review any unexplained discrepancy; no written procedures for production and process controls; control procedures that monitor output of manufacturing processes not established.

At 10:38 am; the stock was down less than 1% at Rs 1,325 on BSE against 0.32% decline in the S&P BSE Sensex. A combined 723,845 equity shares changed hands on the counter on BSE and NSE so far.