Nifty-Sensex View - 01.06.2020: 09.00 Am
Pre-Session: Markets set to open in green; Q4 GDP data, lockdown 5.0 in focus
01/06/2020 08:34
Domestic bourses are expected to start the day in green on Monday as lockdown has started to ease with the economic revival slowing coming back on track.
Further, investors will today react to the Q4FY20 GDP data and the government's decision to extend lockdown in containment zones till June 30 while also easing the curbs on most economic activities.
India's economic growth fell to 17-year low of 3.1 per cent in the fourth quarter of FY20, which pulled down the GDP growth for the entire 2019-20 to an 11-year low of 4.2 per cent.
Besides, market participants will today also track the auto sales for the month of May as well as the PMI manufacturing data for May.
On the result front, a total of 12 companies, including V-Guard Industries and Orient Electric, are scheduled to announce their March quarter results.
On Friday, the 30-share benchmark index ended at 32424.1 up by 223.51 points or by 0.69 % and then NSE Nifty was at 9580.3 up by 90.2 points.
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