Nifty-Sensex-Pre Market Report : 15.07.2019
Our Blog Information Learning purpose only
(Paper Trading Practice for Currency, Equity, Commodity Segment)
Whatsapp Number : 91-9094047040 / 91-9841986753
RUPEEDESK - SHARE MARKET TRAINING
Pre-Session: Markets likely to kick-start week on flat note
15/07/2019 08:37
Domestic indices are expected to start the day flat to negative as SGX Nifty suggests. June quarter earnings will continue to be the biggest trigger for the markets.As many as 8 companies on the BSE will today declare their results for the quarter ended June which include names like Bajaj Consumer Care, Tata Metaliks, and Tinplate Company of India Ltd. Today, the market will also react to Infosys earnings announced after market hours on Friday. Infosys reported a 5.26 per cent year-on-year (YoY) rise in its net profit at Rs 3,802 crore for Q1FY20. Moreover, a series of domestic and global macroeconomic data will be released this week. India's Wholesale price inflation and balance of trade data for June will be out today. Traders may also react to the industrial production data for May and retail inflation prints for June that were released after market hours on Friday. On a global scale, China will present its second-quarter GDP numbers later in the day. Asian shares commenced the week on a softer note on Monday after posting their first weekly decline since early June. MSCI’s broadest index of Asia-Pacific shares outside Japan was a shade lower at 524.9 points. Australian shares slipped 0.8 per cent while South Korea’s inched 0.3 per cent lower. On Friday, the 30-share benchmark index ended at 38736.23 down by 86.88 points or by 0.22 per cent, while the NSE Nifty was at 11552.5 down by 30.4 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
