Today,we expect another choppy day as Reliance Industries’ better-than-expected results will be offset by bleak global cues. RIL has surprised the market by surpassing all optimistic estimates. The index bellwether may see some spark at least in early trades.
Auto and Realty stocks may hog the limelight amid news of fresh relief measures being considered by the Government. Airlines may also gain on news that a cabinet panel may take up the proposal to allow foreign carriers to pick up stake in Indian airlines. Overall, the key indices are likely to open flat, may rebound a bit in intra-day trading but are unlikely to sustain any bounce.
Auto and Realty stocks may hog the limelight amid news of fresh relief measures being considered by the Government. Airlines may also gain on news that a cabinet panel may take up the proposal to allow foreign carriers to pick up stake in Indian airlines. Overall, the key indices are likely to open flat, may rebound a bit in intra-day trading but are unlikely to sustain any bounce.
