Nifty-Sensex-Pre Market Report - 14.08.2019: 09.00 Am
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Pre-Session: Positive opening seen for Indian benchmarks
14/08/2019 08:35
Domestic bourses are expected to start the day on a positive note on Wednesday amid firm global cues. Global equities gained after US President Donald Trump yesterday backed off his September 1 deadline for 10 per cent tariffs on remaining Chinese imports. On the other hand, political unrest in Hong Kong and market rout in Argentina continues. Further, investors will look at corporate earnings and rupee trajectory for market direction today. Moreover, the government yesterday announced a scheme for providing a one-time credit guarantee to public sector banks for purchase of pooled assets of non-banking financial companies (NBFCs) at fair value. As many as 981 stocks will report their results for the quarter ended June later today which onclude names like Autoline Industries, CESC, Cox & Kings, Eveready Industries, Finolex Cables, GTL Infra, HDIL, HEG, Indiabulls Real Estate, IDBI Bank, IDFC Ltd, Kitex Garments, MMTC, Omaxe, Prabhat Dairy, Suzlon Energy, Unitech, Zee Learn, and Zuari Global etc. among others.
On Tuesday, the 30-share benchmark ended at 36958.16 down by 623.75 points or by 1.66 % and then NSE Nifty was at 10925.85 down by 183.8 points.
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