Nifty-Sensex View - 03.01.2020: 09.00 Am
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Pre-Session: Flat opening on cards for Sensex, Nifty on Friday
03/01/2020 08:36
Indian benchmark indices are expected to start the day on flat note on Friday. A surge in crude oil prices may impact investor sentiment today despite a buoyant mood in the global markets. Oil prices jumped more than $1 on Friday after a US airstrike killed key Iranian and Iraqi military personnel, raising concerns that escalating Middle East tensions may disrupt oil supplies, news agency Reuters reported. Brent crude futures climbed $1.23 at $67.48 a barrel.
Besides, investors will also follow individual stock developments and any pre-budget news flow for further clues.
In another development, the Reserve Bank will carry out another round of special simultaneous open market operation to buy and sell government bonds of Rs 10,000 crore each on Monday.
The rupee lost 16 paise to close at 71.38 against the US dollar on Thursday as steady rise in crude oil prices and stronger dollar against key global currencies weighed on sentiment.
On Thursday, the 30-share benchmark index ended at 41630.33 up by 324.31 points or by 0.79 % and then NSE Nifty was at 12282.2 up by 99.7 points.
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