• SENSEX
    NIFTY 50

Anisha Jain's market update on July 08: Sensex, Nifty likely to open lower; DHFL, Maruti Suzuki, Mindtree, PNB in focus

Indian shares are expected to open lower on Monday as post-Budget pressure on equities likely to continue for the second day. Benchmark indices BSE Sensex and NSE’s Nifty 50 fell nearly 1 percent on Friday following various Budget proposals such as buyback tax on companies, higher taxes on the super-rich and raising the limit of minimum public shareholding.

The Sensex ended 395 points lower at 39,515, while the broader Nifty50 index lost 136 points to end at 11,811.

Moreover, Asian shares traded lower after positive US jobs data tempered prospects of aggressive US Federal Reserve monetary policy.

At 7.55 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 47.50 points, or 0.40 percent, lower at 11,770, pointing to a negative start for the Sensex and the Nifty 50.

Stocks to watch: DHFL, Maruti Suzuki, Mindtree, PNB in focus. Click here to know more. 

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.
More Episodes from MarketBuzz
MarketBuzz Podcast With Ekta Batra: Sensex, Nifty to open higher, Zee Entertainment, DHFL, Telecom stocks in focus
Indian shares are expected to open higher on Thursday despite weak global cues as the government announced a slew of measures a day prior to support the domestic equities.
21 Nov 2019
MarketBuzz Podcast With Reema Tendulkar: Sensex, Nifty likely to open unchanged; Reliance Industries, YES Bank, Wipro in focus
Indian shares are expected to open little changed on Wednesday amid muted sentiment in the global markets.
20 Nov 2019
MarketBuzz Podcast With Nigel D'Souza: Sensex, Nifty likely to open lower; YES Bank, PNB, Vodafone Idea in focus
Indian shares are likely to open lower on Tuesday, tracking weakness in Asian peers, amid concerns over the economic slowdown and as investors await progress in US-China trade negotiations.
20 Nov 2019
MarketBuzz Podcast With Nigel D'Souza: Sensex, Nifty to open little unchanged; Telecom stocks, Tata Steel, Cadila Healthcare in focus
Indian shares are likely to open little changed on Monday in line with global markets and in absence of major cues.
19 Nov 2019
MarketBuzz Podcast with Nigel D'Souza: Sensex, Nifty to open higher; Vodafone Idea, Bharti Airtel, L&T Finance in focus
Indian shares are likely to open higher on Friday on the back of a rally in Asian and US stocks and after wholesale inflation eased in October.
18 Nov 2019
MarketBuzz Podcast with Ekta Batra: Sensex, Nifty to open higher; Tata Motors, Vedanta, SpiceJet in focus
Indian shares are likely to open marginally higher following mixed cues in the global markets as SGX Nifty at 7:50 am was trading 0.16 percent up at 11,884.
15 Nov 2019
Load More...
Sign Up For Primo, Our Free Daily Newsletter