Nifty-Sensex View - 07.02.2020: 09.00 Am
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Pre-Session: Flat start likely for Sensex, Nifty today
07/02/2020 08:34
Indian benchmark indices are expected to open flat on Friday. Investors today are likely to stick to global cues, corporate results, and stock-specific action for market direction.
Besides, traders will also track the Rupee's trajectory, oil price movement, and foreign fund flow for further cues.
Investors will first react to the corporate results announced yesterday post market hours. Hero MotoCorp logged a 9.14 per cent decline in profit before tax to Rs 1044.44 crore for the December quarter while its total income dipped 10.7 per cent to Rs 7259.39 crore. However, the company said it expects to see a turnaround in the second half of FY21.
A total of 202 companies including Britannia Industries, Emami, ACC, and NTPC are scheduled to announce their December quarter results today.
On Thursday, the 30-share benchmark index ended at 41306.03 up by 163.37 points or by 0.4 % and then NSE Nifty was at 12137.95 up by 48.8 points.
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