10 things you need to know before the opening bell on July 11
Updated : July 11, 2019 07:25 AM IST
Indian shares are likely to open higher on Thursday, tracking gains in Asia, after US Federal Reserve chair Jerome Powell reinforced prospects of a US interest rate cut later this month. At 7.10 AM, the SGX Nifty futures traded 0.30 percent up, pointing to a higher start for the Sensex and the Nifty 50. On Wednesday, the Sensex ended 174 points lower while the Nifty closed below 11,500 for the first time since May 17, dragged mainly by auto, metal and PSU Bank stocks.