Monday, September 28, 2020

Nifty-Sensex View - 29.09.2020: 09.00 Am

 Nifty-Sensex View - 29.09.2020: 09.00 Am

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Pre-Session: Flat opening on cards for Sensex Nifty today
29/09/2020 08:38
Indian markets are expected to start the day on flat note today amid mixed cues from their Asian peers.

Defence stocks will be in focus today after the government yesterday unveiled a new Defence Acquisition Procedure with a focus on significantly boosting indigenous production.

Under the new policy, the offset guidelines have also been revised facilitating preference to defence majors offering to manufacture products in India over relevant components. Apart from these, market participants will continue to track the Rupee's trajectory, oil price movement, and stock-specific developments.

On Monday, the 30-share benchmark index ended at 37981.63 up by 592.97 points or by 1.59 % and then NSE Nifty was at 11227.55 up by 177.3 points.

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