June 12 Market estimate: Asian peers point towards gap down opening for Indian indices

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Market Note:

  1. Trends on SGX indicate a gap down opening for the Indian market.

Today’s Q4 results:

  1. Eicher Motors
  2. Hindalco Industries
  3. Mahindra & Mahindra
  4. Gujarat Industries Power
  5. Goodyear India
  6. Castrol India
  7. Acrysil
  8. Alkali Metals
  9. Bharat Seats
  10. Fortis Malar Hospitals

key Points:

  1. As reported by CNBC TV18, Diesel and Petrol price hiked for the sixth day in a row.
  2. US market declined on Thursday as investors reacted to new fears caused by the pandemic.
  3. SBI board to consider raising funds up to 1.5 billion dollars through issuing of bonds.
  4. Market pre-open: Indices are trading lower with Nifty below 9500.
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