In the absence of any key domestic triggers, investors may look at global cues to play markets. Indices are expected to remain range-bound today as
In the absence of any key domestic triggers, investors may look at global cues to play markets. Indices are expected to remain range-bound today as they continue to consolidate.
Participants may, however, react to this Business Standard report that the government is expected to push private investment, economic growth, and tax incentives during Union Budget for 2020-21.
On Monday, the S&P BSE Sensex ended at 40,284, down 73 points or 0.18 per cent, while the broader Nifty50 index ended below 11,900 level at 11,894, down 1 point or 0.01 per cent.
OIL & RUPEE
In the commodities market, Brent crude futures fell 1.6 per cent to $62.29 a barrel.
On Monday, the rupee settled at 71.84 against the US currency.
Asian shares started Tuesday softer after CNBC reported the mood in Beijing was pessimistic about the prospects of sealing an agreement. MSCI’s broadest index of Asia-Pacific shares outside Japan fell 0.1 per cent, while Japan’s Nikkei was 0.2 per cent lower.
(With inputs from Reuters)