Nifty-Sensex View - 15.06.2020: 09.00 Am
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Pre-Session: Sensex, Nifty likely to start on subdued note today
15/06/2020 08:39
Domestic bourses are expected to open on a flat to weaker note after Asian markets slipped on Monday's early deals. Investors will track stock-specific developments, rising coronavirus infections, corporate results, and global cues for today.
The shares offered under the rights issue by Reliance Industries will be listed on stock exchanges today. The Rs 53,124 crore rights issue ended with a 1.6 times subscription. Moreover, RIL's stock will also react to the announcement that private equity firm L Catterton will invest Rs 1,894.50 crore in Jio Platforms for a 0.39 per cent stake. Besides, TPG, too, said it would pick 0.93 per cent stake for Rs 4,546.8 crore.
The Wholesale price index inflation print for May is scheduled for release later today. On result front, 56 companies are scheduled to report their numbers including Ashoka Buildcon, JK Tyre, Pfizer, and Tata Motors.
On Friday, the 30-share benchmark index ended at 33780.89 up by 242.52 points or by 0.72 % and then NSE Nifty was at 9972.9 up by 70.9 points.
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