Sensex, Nifty likely to open lower; Jet Airways, SBI, Vodafone Idea in focus
Episode 233, Apr 10, 2019, 02:16 AM
Indian shares are set to open lower on Wednesday on the back of growth concerns after the International Monetary Fund lowered GDP outlook for India as well as the global economy.
Investors are also cautious ahead of the March-quarter earnings beginning later week, with IT majors Tata Consultancy Services (TCS) and Infosys reporting their Q4 numbers on April 12.
At 07:19 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.29 at 11,715.50, indicating a weak start for the Sensex and Nifty.