Nifty-Sensex View - 14.01.2020: 09.00 Am
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Pre-Session: Indices likely to open higher; Q3 nos eyed
14/01/2020 08:25
Indian markets are expected to start the day in green on Tuesday amid positive global cues. Further, expectations from corporate earnings and the upcoming Union Budget are likely to keep the overall sentiment in the Indian equity markets positive today.
However, investor sentiment may be dented by the inflation data released yesterday which showed that retail inflation rate in December jumped to an over five-year high of 7.35 per cent in December. As such, the CPI inflation has surpassed the RBI's comfort level, thus strongly limiting the extent to which the central bank can ease rates further.
On the results front, a total of 12 companies are scheduled to announce their December quarter numbers today. Market participants will pay special attention to the results of IndusInd Bank, Mindtree, and Wipro.
On Monday, the 30-share benchmark index ended at 41859.69 up by 259.97 points or by 0.62 % and then NSE Nifty was at 12329.55 up by 72.75 points.
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