Share Market Today Live: Sensex, Nifty may open lower; HCL Tech, Tata Steel shares in focus
By: FE Online | Updated:Aug 08, 2019 8:53:25 am
The headline indices Sensex and Nifty are likely to open lower tracking global cues.
Share Market Today News Live Updates: The headline indices Sensex and Nifty are likely to open lower tracking global cues. The SGX Nifty was trading 7 points down at 10,857.50 indicating a negative opening for Sensex and Nifty. Asian shares were trying to rally on Thursday after Beijing limited the fall in its yuan and provided temporary relief from fears of a global currency war, though worries about recession still lurked in the background. China’s central bank set its yuan midpoint beyond 7 to the dollar for the first time since the global financial crisis, but that was not as weak as many had expected. Shares of Tata Steel will assume focus after global brokerage firms revised their share price target following Q1 earnings. IT major HCL Tech shares will also be on investors’ radar, after EPS cuts by brokerages. We bring to you live updates.