Nifty-Sensex View - 07.10.2020: 09.00 Am
Pre-Session: Sensex, Nifty likely to open in green; TCS Q2 nos eyed
07/10/2020 08:38
Indian markets are expected to start the day on positive note today despite mixed cues from the global peers. Investors will focus on the Q2 results, stock-specific developments, and Covid related newsflow.
On the results front, TCS will today kickstart the September quarter earnings of the FY21 for the IT companies. The IT major will also consider share buyback today. Apart from that, Majesco, MIC Electronics, Unity Infraprojects and Zee Learn are also scheduled to announce their quarterly earnings today.
Further, Reliance Industries would also remain in focus today after announcing that the Abu Dhabi Investment Authority would invest Rs 5,512 crore into Reliance Retail Ventures for 1.2-per cent stake.
On Tuesday, the 30-share benchmark index ended at 39574.57 up by 600.87 points or by 1.54 % and then NSE Nifty was at 11662.4 up by 159.05 points.
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