business

LIVE: Market poised to consolidate | Fitch ups GDP forecast | HDFC bank & Asian Paints in focus

Benchmark Indian indices are likely to open marginally lower as GIFT Nifty indicates a negative start for the broader index. Market snapped a five-day rally and are likely to consolidate further. Asia markets mostly fall as China misses fourth quarter GDP estimates coming in at 5.2%; Hong Kong leads losses. Even Wall street futures are trading lower. Among stocks to watch HDFC Bank will be in focus post its disappointing Q3 numbers. Aviation & travel stocks will also be in focus after the major disruptions at airports. While Asian Paints will see action ahead of its Q3 earnings. Stacy Pereira speaks with Rajesh Palviya · Senior Vice President Research (Head Technical & Derivatives ) at Axis Securities Limited and Anirudh Garg Partner and Head of Research at Invasset, PMS on Opening Bell

first published: Jan 17, 2024 09:07 am