(RTTNews) – Indian stocks are expected to open Tuesday morning, following positive Asian market indices and overnight gains on Wall Street.
Short policies and finding trim prices after 4 consecutive days of losses can also raise the costs of some frontline stocks.
The overall temperament is very likely to be a little cautious, as investors are now awaiting the Three-Day Financial Policy Assembly of the Reserve Bank of India.
The central bank’s financial policy committee is expected to keep interest rates unchanged amid uncertainty about the inflation outlook.
Exide Industries reported a net loss of Rs 13.56 million in the first quarter, at a net profit of Rs 161.58 million a year ago.
KEC International will be the scary concentrate after the company announced that it had booked orders worth approximately 1.2 billion rupees in its activities.
Technology giant Infosys announced Monday that the National Bank of Bahrain selected Finacle of IT for the lender’s transactional banking business digitally.
The Indian market ended with a sharp decline on Monday, with stocks falling amid considerations about the continuation of coronavirus cases in the country and in several states of the Americas.
The S-P BSE Sensex benchmark fell 1.77% to 36,939.60, falling for the fourth session in a row. The wider NSE Nifty index ended with a drop of 1.57 to 10,899.85.