Sensex, Nifty likely to open higher; Vedanta, Jubilant Sciences, Nestle in focus

May 13, 02:58 AM

The Indian market is likely to see strong gains on Wednesday as Prime Minister Narendra Modi announced a comprehensive economic package of Rs 20 lakh crore, which includes measures already announced by the union finance minister and the Reserve Bank of India (RBI) to push self-reliance and boost economy after the spread of coronavirus pandemic. However, the SGX Nifty, an indicator of the opening for Nifty50, was trading 153.00 points or 1.60 percent lower at 9,396.00 at 7:05 am.