Nifty-Sensex-Pre Market View - 09.12.2019: 09.00 Am
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Pre-Session: Sensex, Nifty likely to start in red on Monday
09/12/2019 08:27
Indian benchmark indices are expected to start the day on a negative note on Monday. Global cues, macro data, and stock-specific action will set the tone for markets this week.
On the domestic front, industrial production data for the month of October and CPI inflation for November will be released on December 12 post the market hours. A day later, WPI inflation and India's November trade figures will be released. All these data points will influence sentiment in the markets.
Other major domestic events will be the listing of Ujjivan Small Finance Bank scheduled for December 12 and fundraising by YES Bank.
Meanwhile, market participants will await any news on more stimulus measures to boost slowing economy after Finance Minister Nirmala Sitharaman on Saturday said the government is working on more steps to revive the economy.
On Friday, the 30-share benchmark ended at 40445.15 down by -334.44 points or by -0.82 % and then NSE Nifty was at 11921.5 down by -96.9 points.
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