Nifty-Sensex View - 23.04.2020: 09.00 Am
Pre-Session: Flat start likely for domestic bourses today
23/04/2020 08:38
Indian benchmark indices are expected to start the day on flat note on Thursday. Investors will today react to the rebound in oil prices and global stocks, March quarter earnings, and coronavirus-related newsflow.
US crude and Brent futures, both, rose more than 7 per cent on Wednesday after touching their lowest levels since 1999 on the prospects for further production cuts.
Besides, investors would track the two-day meeting of the economic advisory council which is expected to deliberate on the impact of the Covid-19 pandemic on economic growth in this fiscal year and the next.
Further on the result front, a total of seven companies including Britannia, Bharti Infratel, and Hathway Cable are scheduled to announce their March quarter results today.
On Wednesday, the 30-share benchmark index ended at 31379.55 up by 742.84 points or by 2.42 % and then NSE Nifty was at 9187.3 up by 205.85 points.
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