• SENSEX
    NIFTY 50

Sonia Shenoy's market update on June 26: Sensex, Nifty likely to open lower; DHFL, Reliance Power, Persistent Systems in focus

Indian shares are likely to open lower on Wednesday following negative sentiment in the global markets.

Asian shares declined after US Federal Reserve policymakers tempered expectations of further rate cuts. Moreover, oil prices rose over 1 percent today after US crude stockpiles fell more than expected.

Indian benchmark indices rose nearly 1 percent snapping a two-day losing streak led largely by bluechip stocks. The broader NSE Nifty closed up 0.83 percent at 11,796.45, while the benchmark BSE Sensex ended 0.8 percent higher at 39,434.94.

At 7.14 AM, SGX Nifty an early indicator of the Nifty 50's trend in India, traded 26.5 points, or 0.22 percent, lower, pointing to a negative start for the Sensex and the Nifty 50.

Stocks to watch: DHFL, Reliance Power, Persistent Systems 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.

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