Sensex Falls Over 200 Points, Nifty Trades Below 17,750; Quarterly Earnings, Macroeconomic Data Eyed
NDTV
The Indian equity benchmarks on Monday fell in opening deals as market participants awaited quarterly (Q4) earnings and macroeconomic data announcements.
The Indian equity benchmarks on Monday fell in opening deals as market participants awaited quarterly (Q4) earnings and macroeconomic data announcements. Asian shares slipped today ahead of a week packed with central bank meetings and U.S. inflation data.
Trends on the Nifty Futures on Singapore Exchange (SGX Nifty) also indicated a gap down start for the domestic indices.
IT majors Tata Consultancy Services (TCS) will kick off the earnings season today, while Infosys will announce the Q4 number later in this holiday-shortened week. On the macroeconomic front, investors will be eyeing the Index of Industrial Production (IIP) and CPI or retail inflation data scheduled to be released on April 12.
The 30-share BSE Sensex climbed 224 points or 0.38 per cent to 59,223 in early trade, while the broader NSE Nifty moved 43 points or 0.24 per cent up to 17,740.
