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MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open lower; RIL, Bharti Infratel, BPCL in focus

MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open lower; RIL, Bharti Infratel, BPCL in focus

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The Indian market is likely to open lower on Thursday following losses in global markets amid concerns over rising cases of coronavirus infection.

The Indian market is likely to open lower on Thursday following losses in global markets amid concerns over rising cases of coronavirus infection. Investor sentiment is likely to remain weak after the International Monetary Fund slashed its forecasts for global economy. The IMF now estimates a contraction of 4.9 percent in global gross domestic product in 2020, lower than the 3 percent fall it predicted in April. It sees India's GDP contracting by 4.5% in FY21. At 7:00 am, the SGX Nifty was trading 89.50 points lower at 10,223.50, indicating a negative start for the Sensex and Nifty50.
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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.
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