Nifty-Sensex-Pre Market View - 14.11.2019: 09.00 Am
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Pre-Session: Positive opening on cards; Q2 earnings,WPI eyed
14/11/2019 08:33
Domestic bourses are expected to start the day on a positive note today. Investors will today look at corporate results, global cues, rupee's trajectory against the US dollar, and macro data for market direction. Today, a total of 1,431 companies, including Apollo Hospitals, NBCC, and Bharti Airtel, are scheduled to announce their September quarter numbers. Traders will also keep a close eye on Rupee's level today after the domestic currency fell to over two-month low and crossed 72 against the US dollar on Wednesday. Moving ahead, data released yesterday showed that consumer prices rose at 4.6 per cent in October, the fastest rate since June last year. India's WPI inflation data for the month of October will be released today. Apart from these, telecom stocks will be in focus today after the Department of Telecommunications (DoT) told telecom operators to pay their revenue share dues within three months as directed by the Supreme Court. On Wednesday, the 30-share benchmark ended at 40116.06 down by -229.02 points or by -0.57 % and then NSE Nifty was at 11840.45 down by -73 points.
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