Sensex, Nifty likely to open higher; Pharma stocks, SBI, YES Bank in focus

Episode 489,   Jun 11, 2020, 03:06 AM

The Indian market is likely to open lower Thursday on weak Asian peers after the dovish commentary from the US Federal Reserve. The Fed indicated that it would keep interest rates near zero through 2022. At 8:10 am, the SGX Nifty was trading 45.40 points or 0.45 percent lower at 10,097.00, indicating a negative start for the Sensex and Nifty50.