Nifty-Sensex View - 23.07.2020: 09.00 Am
Pre-Session: Sensex, Nifty likely to open flat on Thursday
23/07/2020 08:36
Domestic bourses are expected to start on a flat note on Thursday on the back of mixed to positive global cues. Moreover, investors will focus on stock-specific approach while another huge spike in daily Covid-19 cases may keep the sentiment in check
On the results front, investors will react to Larsen & Toubro's Q1 numbers announced post market hours yesterday in which the company saw its profit after tax crash 79 per cent year-on-year. L&T reported net profit of Rs 303.14 crore, down from Rs 1,473 crore in Q1FY20. A total of 49 companies including Biocon, Dish TV, and HDFC AMC, are scheduled to announce their quarterly results today.
On Wednesday, the 30-share benchmark index ended at 37871.52 down by -58.81 points or by -0.16 % and then NSE Nifty was at 11132.6 down by -29.65 points.