Sensex, Nifty likely to open lower; Infosys, TCS, Jet Airways in focus
Episode 235, Apr 12, 2019, 02:27 AM
Indian stocks look set for a weak open after most Asian equity benchmarks declined Friday, with investors casting an eye toward the start of earnings season and economic data.
IT majors TCS and Infosys are set to report their fourth-quarter results later in the day. The government will release CPI retail inflation and industrial production data.
At 07:28 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.31 at 11,640, indicating a weak start for the Sensex and Nifty.
Stocks in focus: Infosys, TCS, Jet Airways.