MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty50 likely to open higher ahead of LIC listing

Episode 876,   May 17, 2022, 03:23 AM

Indian equity benchmarks BSE Sensex and NSE Nifty50 are likely to open higher on Tuesday, tracking cautious gains across other Asian markets despite a mixed session on Wall Street overnight. Singapore Exchange (SGX) Nifty futures -- an early indicator of the Nifty50 index -- rose as much as 54 points or 0.3 percent to 15,897.5 early on Tuesday, suggesting a higher opening ahead on Dalal Street. All eyes were on the listing of state-run LIC's shares on exchanges BSE and NSE at 10 am. Investors also awaited the last leg of corporate earnings for direction.