Nifty-Sensex View - 29.06.2020: 09.00 Am
Pre-Session: Negative start on cards for Sensex, Nifty today
29/06/2020 08:36
The Indian markets are expected to start the week on a negative note. The SGX Nifty is indicating a cut of around 50 points for the Nifty at open which is likely to be at around 10,290 levels.
Investors may today react to S&P's warning that the Indian economy is in deep trouble. It has projected the Indian economy's growth to contract by 5 per cent this fiscal, citing India's difficulties in containing the virus, an anemic policy response, and underlying vulnerabilities as the reason behind the estimate.
Besides, geo-political tensions, corporate results, and trend in Covid-19 cases will be other top factors to steer the markets.
On Friday, the 30-share benchmark index ended at 35171.27 up by 329.17 points or by 0.94 % and then NSE Nifty was at 10383 up by 94.1 points.
29/06/2020 08:36
The Indian markets are expected to start the week on a negative note. The SGX Nifty is indicating a cut of around 50 points for the Nifty at open which is likely to be at around 10,290 levels.
Investors may today react to S&P's warning that the Indian economy is in deep trouble. It has projected the Indian economy's growth to contract by 5 per cent this fiscal, citing India's difficulties in containing the virus, an anemic policy response, and underlying vulnerabilities as the reason behind the estimate.
Besides, geo-political tensions, corporate results, and trend in Covid-19 cases will be other top factors to steer the markets.
On Friday, the 30-share benchmark index ended at 35171.27 up by 329.17 points or by 0.94 % and then NSE Nifty was at 10383 up by 94.1 points.
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