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Mangalam Maloo's market update on January 8: Sensex, Nifty likely to open lower; Bandhan Bank, Gruh Finance, HDFC, TCS in focus

Mangalam Maloo's market update on January 8: Sensex, Nifty likely to open lower; Bandhan Bank, Gruh Finance, HDFC, TCS in focus

The Indian market is likely to have a tepid start, taking cues from its Asian peers as investors bet that Washington and Beijing are inching towards a trade deal and that US Federal Reserve would halt its tightening if economic growth slows further.

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At 07:00 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.08 percent at 10,796.50, indicating a tepid start for the Indian market.
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