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Indian Shares Likely To Open Flat Or Slightly Lower

(RTTNews) - Lower SGX Nifty and weakness in Asian markets point to a flat or negative start for Indian shares Thursday morning.

The mood is likely to be cautious with investors looking ahead to first quarter earnings. Activity is likely to be mostly stock specific.

Shares of automobile manufacturers will be in focus today with vehicles sales data for the month of June setting the trend.

Vodafone Idea on Wednesday reported consolidated loss of Rs 7,022.8 crore for the quarter ended March 2021, compared with a loss of Rs 11,643.5 crore in the year-ago quarter.

Jain Irrigation Systems reported consolidated profit of Rs 49.09 core for the fourth quarter of 2020-21, compared with loss of Rs 324.16 crore in the same quarter in the previous financial year.
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