Sensex, Nifty to open marginally higher; Asian Paints, Axis Bank, Telecom in focus

Episode 414,   Jan 16, 2020, 02:41 AM

Indian shares are likely to open marginally higher on Thursday, tracking rallying global stocks after the US and China signed an initial trade deal. India’s trade data and Q3 corporate earnings are likely to weigh on the domestic market. Meanwhile, the SGX Nifty was trading 6 points or 0.05 percent lower at 12,353, at 7:12 am. Among the stocks in the news, today, L&T Infotech and Sterlite Technologies reported their December quarter earnings. The CCI has ordered a probe against Asian Paints for unfair business practices. Here are the top stocks in focus today: Asian Paints, Axis Bank, YES Bank, Torrent Pharma amongst others.