Nifty-Sensex View - 21.04.2020: 09.00 Am
Pre-Session: Negative opening on cards for Sensex, Nifty; Infosys in focus
21/04/2020 08:36
Domestic bourses are expected to start the day in red on Tuesday amid ruckus in the oil market, corporate earnings, and Cvoid-19 related newsflow will be the top triggers on Tuesday.
The WTI futures hit historical lows of negative $40 in overnight trade as the coronavirus pandemic sapped demand fur fuel.
Investors will also react to Infosys result that was declared after market hours yesterday. Infosys reported a 6.3 per cent YoY jump in consolidated net profit at Rs 4,321 crore in Q4FY20. However, due to Covid-19-led uncertainty, the firm refrained from providing guidance on revenues and margins for FY21.
Further, seven companies, including ACC and ICICI Prudential Life Insurance, are scheduled to report their March quarter earnings today.
On Monday, the 30-share benchmark index ended at 31648 up by 59.28 points or by 0.19 % and then NSE Nifty was at 9261.85 down by -4.9 points.
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