Indian Stock Market Tips Today - Sensex, Nifty likely to open positive; Bharti Airtel, Fortis Healthcare in focus
Share market LIVE updates: The domestic stock markets are Sensex and Nifty are likely to open in the green, despite weak macro cues, as SGX Nifty was up 0.34% to 10,867, indicating a positive start for Sensex and Nifty.
The domestic stock markets are Sensex and Nifty are likely to open in the green, despite weak macro cues, as SGX Nifty was up 0.34% to 10,867, indicating a positive start for Sensex and Nifty. Asian share markets began the week on a cautious note after soft economic data from China and Europe added to evidence of cooling global growth and reinforced anxiety over the broadening impact of international trade frictions. On Friday, the S&P 500 more than 1.9% to 2,599.95, its lowest close since April 2. The benchmark index has plunged 11.3% from record high levels of its Sept 20.
Back home, the shares of billionaire Sunil Mittal-led telco Bharti Airtel will assume focus, as the firm is considering various fundraising options. Fortis Healthcare shares will also be in focus the firm said on Saturday that Supreme Court ordering a status quo on its deal with IHH Healthcare Berhad does not impact the company’s 31.1% stake sale to the Malaysian firm. However, this order could have a bearing on IHH’s proposed open offer to acquire an additional 26% stake in Fortis. The open offer is scheduled to be launched from December 18 to January 1, 2019. We bring you to live updates.
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