Nifty-Sensex-Pre Market View - 19.11.2019: 09.00 Am
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Pre-Session: Sensex, Nifty likely to open in red on Tuesday
19/11/2019 08:37
Indian benchmarks are expected to start the day on a negative note today. In the absence of any key domestic triggers, investors may look at global cues to play markets. Indices are expected to remain range-bound today as they continue to consolidate.
Meanwhile, the steps that are being considered for the upcoming Budget on February 1, long-term capital gains tax may be scrapped and the burden of dividend distribution tax could perhaps be shifted from companies to shareholders. Also, the Budget could provide income tax relief for the salaried classes, while proposing tax sops for small, medium and micro enterprises.
On Monday, the 30-share benchmark index ended at 40284 down by 73 points or by 0.18 % and then NSE Nifty was at 11884.5 down by - 10.95 points.
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