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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.
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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Prism Cement hits 52-week high
Updated on 28 April 2017
Prism Cement hits 52-week high of Rs 129, up 9% on BSE in early morning trade after the company said it received Letter of Intent (LoI) from Madhya Pradesh government for allotment of cement grade limestone mining lease.

“The lease is for 50 years in villages Chulhi and Majhiyar, district Satna, Madhya Pradesh, with about 23.6 million tons of reserves, subject to completion of formalities," Prism Cement said in a BSE filing.

The mining lease would be captive to the cement plants of the company at Satna, Madhya Pradesh, it added.

At 9:59 am; the stock was up 5% at Rs 124 on BSE as compared to 0.33% decline in the S&P BSE Sensex. The trading volumes on the counter nearly doubled with a combined 1.43 million shares changed hands on the BSE and NSE so far.