Sensex, Nifty likely to open lower; HDFC, Reliance Capital, HDFC AMC in focus
Episode 275, Jun 14, 2019, 02:14 AM
Indian benchmark indices BSE Sensex and NSE’s Nifty 50 are set for a negative start following rising global geopolitical tensions and amid concerns over liquidity situation at the non-banking financial companies.
The Sensex ended 15 points lower at 39,741, while the broader Nifty50 index added 8 points to end at 11,914.
Asian markets remained little changed, while US stocks advanced on rising oil prices following attacks on tankers in the Gulf of Oman.
On the macro front, India’s Wholesale Price Index-based inflation data will be released today after 12 PM.
At 7.10 AM, the SGX Nifty futures traded 23 points, or 0.19 percent, lower at 11,897, indicating a negative start for the Sensex and the Nifty 50.
Stocks to watch: HDFC, Reliance Capital, HDFC AMC in focus.