Nifty-Sensex View - 30.12.2019: 09.00 Am
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Pre-Session: Sensex, Nifty likely to open flat on Monday
30/12/2019 08:33
Indian benchmarks are expected to start the day on flat note on Monday. Investors will shift their focus to macro data, auto sales numbers, and global events for cues as trading volume is set to pick up in the latter part of the week.
Public sector banks will be in focus today as the Reserve Bank of India will purchase 10-year bonds worth Rs 10,000 crore, while simultaneously selling four bonds maturing in 2020 for up to the same amount in the open market. It conducted a similar operation last week.
In today's session, investors will also react to stock-specific developments over the weekend.
Going ahead, stocks of automobile companies will react to sales data for the month of December that will start pouring in from January 1.
On Friday, the 30-share benchmark ended at 41575.14 up by 411.38 points or by 1 % and then NSE Nifty was at 12245.8 up by 119.25 points.
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