Nifty-Sensex-Pre Market View - 15.10.2019: 09.00 Am
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Pre-Session: Markets likely to open on positive note on Tuesday
15/10/2019 08:30
Indian benchmarks are expected to start the day on a positive note on Tuesday. Corporate results will be among the key factors guiding today's trade. Wipro, ACC, and Reliance Industrial Infra are among the 17 companies that are slated to report their September quarter earnings today. On the macro-front, Balance of Trade data for the month of September will also be released later in the day. Investors are also expected tp react to the consumer inflation print, released post market hours on Monday, which came in at a 14-month high of 3.99 per cent. That apart, stock-specific developments, oil price movement, the value of rupee against the dollar and fund flow by FPIs and DIIs will steer the indices. Globally, On Wall Street, indices settled lower during the overnight trade on Monday. The Dow Jones slipped 0.11 per cent, the S&P500 dipped 0.14 per cent, and the Nasdaq Composite settled 0.10 per cent lower.The gains were capped by the dearth of details around 'Phase-1' of the trade deal between the US and China. Also, US President Donald Trump imposed sanctions on Turkey on Monday due to its military incursion in Syria. Asian stock were trading higher on Tuesday as MSCI's broadest index of Asia-Pacific shares outside Japan was up 0.01 per cent, Australian shares were up 0.12 per cent, while Japan's Nikkei stock index rose 1.38 per cent. Back home, On Monday, the 30-share benchmark ended at 38214.47 up by 87.39 points or by 0.23 % and then NSE Nifty was at 11341.15 up by 36.1 points.
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