Nifty-Sensex View - 08.09.2020: 09.00 Am
Pre-Session: Sensex, Nifty set to open higher amid firm global cues
08/09/2020 08:41
Domestic bourses are expected to open higher on Tuesday on the back of firm cues from Asian indices. However, geo-political concerns might put a lid on the indices' gain.
According to reports, an incident of firing took place on the Line of Actual Control in Eastern Ladakh sector where troops of India and China have been engaged in a stand-off for over three months.
Apart from these, market participants will continue to track global cues, Covid-19 related newsflow and stock-specific developments, including corporate results. Meanwhile, the government is planning to sell 15 per cent stake in defence company Bharat Dynamics through an offer for sale today and tomorrow at floor price of Rs 330 per share.
On the result front, a total of 38 companies including SML Isuzu and Future Consumer are set to announce their June quarter earnings today.
On Monday, the 30-share benchmark index ended at 38417.23 up by 60.05 points or by 0.16 % and then NSE Nifty was at 11355.05 up by 21.2 points.
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