Nifty-Sensex View - 29.04.2020: 09.00 Am
Pre-Session: Sensex, Nifty likely to open in green on Wednesday
29/04/2020 08:36
Domestic bourses are expected to start the day in green on Wednesday. Global cues and corporate results will be the main triggers for investors today. Tomorrow's expiry of April series derivative contracts is expected to inject volatility in today's session.
Investors will react to the March quarter result of Axis Bank which has has reported net loss of Rs 1,388 crore. A large chunk of the loss was due to the higher provisioning made by the bank for the Covid-19.
Moreover, Finance Minister Nirmala Sitharaman is likely to announce this week a second round of stimulus package, for the most affected sections of society. However, the industries seeking support from the government will have to wait.
On Tuesday, the 30-share benchmark index ended at 32114.52 up by 371.44 points or by 1.17 % and then NSE Nifty was at 9380.9 up by 98.6 points.
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