Nifty-Sensex View - 31.07.2020: 09.00 Am
Pre-Session: Positive start likely for Sensex, Nifty; RIL Q1 numbers in focus
31/07/2020 08:38
Domestic bourses are expected to start the day in green on Friday despite mixed cues from the global peers. The June quarter results by Reliance Industries will be a major focus in the markets today. Besides, investors will also react to global cues, Covid-19 trends and other corporate results.
Reliance Industries reported about 31 per cent rise in Q1 net profit at Rs 13,233 crore, aided by an exceptional gain of Rs 4,966 crore arising out of the sale of partial stake in the fuel retail business to BP Global Investments, as well as rise in other income.
Today, a total of 576 companies including State Bank of India, Tata Motors, Sun Pharmaceutical Industries, Indian Oil Corporation are scheduled to announce their quarterly results.
On Thursday, the 30-share benchmark index ended at 37736.07 down by -335.06 points or by -0.88 % and then NSE Nifty was at 11102.15 down by -100.7 points.
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