Market Note:
- The Indian indices are likely to open flat as SGX faces a loss of 20 points or 0.2 percent.
Today’s Q4 results:
- Britannia
- Interglobe Aviation Limited
- Motherson Sumi
- Zydus Wellness
- Granules India
- Sun Pharma Advanced
- Transport Corp
- ASM Tech
- SPARC
- Indigo
key Points:
- At 7.50 IST, the Nifty futures were trading around 9,814 on the Singaporean Exchange.
- Moody’s Investors Services has lowered India’s rating to BAA3 from BAA2. Moreover, it changed its short-term local currency rating to P-3 from P-2.
- In addition, oil prices increased in early trade on Tuesday.
- Market: Indices are trading firm in the pre-opening with Nifty above 9900.
Market Expectations:
- Nifty June Futures: Support- 9715/9650 Resistance- 9855/9920
