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Futures for Brent crude dropped by 43 cents, or 0.5%, to $82.45 a barrel. West Texas Intermediate (WTI) oil futures for the United States fell 50 cents, or 0.6%, to $78.16.

In the broader market, the BSE SmallCap index observed a slight decline of 0.18%, while the BSE MidCap index showed a modest increase of 0.23%.

The tyre company reported a 13.7% year-on-year (YoY) fall in net profit to ₹354 Crore for the fourth quarter ended March 31, 2024.

Russia's major customer for seaborne oil is India, which ranks third in the world both in terms of imports and consumption.

For the financial year ending March 31, 2024, the consolidated PAT increased to ₹1,427.61 Crore from ₹962.97 Crore in the same period last year.

The market saw 1,411 shares advancing, while 2,082 shares declined, and 128 shares remained unchanged.

Here are some of the stocks that may see significant price movement today: Apollo Tyres, BHEL, PI Industries, Tata Power, etc.

This week's economic data didn't offer much to move the market, so the main currencies stayed inside a narrow range.

Awfis is India's largest flexible workspace provider with 169 centers.

Indian stock markets (Sensex and Nifty) are likely to open flat today (May 22nd) based on pre-market signals.