Nifty-Sensex View - 11.02.2020: 09.00 Am
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Pre-Session: Positive start likely for domestic indices on Tuesday
11/02/2020 08:29
Indian benchmark indices are expected to start the day on positive note on Tuesday. Investors eye the outcome of the Delhi Assembly Elections while also weighing the impact of coronavirus spread on the global economy.
TV exits polls have unanimously predicted that the incumbent Aam Aadmi Party (AAP) will return to power in Delhi with a comfortable majority.
Meanwhile, China reported 108 new coronavirus deaths on the mainland on Monday, taking the total number of deaths on the mainland to 1,016. The World Health Organization has warned the spread of coronavirus among people who had not been to China could be “the spark that becomes a bigger fire”.
On the results front, a total of 295 companies, including BHEL, IDBI, Arvind Fashions, and Greenply, are scheduled to announce their December quarter numbers today.
On Monday, the 30-share benchmark index ended at 40979.62 down by -162.23 points or by -0.39 % and then NSE Nifty was at 12031.5 down by -66.85 points.
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