Sensex, Nifty likely to open higher; Jet Airways, Tata Motors, Bharti Airtel in focus
Episode 234, Apr 11, 2019, 02:31 AM
Indian shares are set to open higher on Thursday, a day after the benchmark indices plunged more than 350 points on the back of profit booking in banking and technology stocks.
Trading, however, is likely to be cautious ahead of the voting for the first phase of Lok Sabha elections starting today and quarterly earnings of IT majors Tata Consultancy Services and Infosys on April 12.
At 07:14 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.22 at 11,677, indicating a positive start for the Sensex and Nifty.
Stocks in focus: Jet Airways, Tata Motors, Bharti Airtel.