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Sensex, Nifty to make cautious start amid mixed cues from Asian peers
India, March 22 -- Indian equity markets ended Wednesday's lackluster trade almost flat, as weak global cues prompted traders to book some profits following a seven-session winning streak. Today, the markets are likely to make a cautious start amid mixed cues from Asian peers. Investors will be cautious following the US Federal Reserve's dim outlook for the global economy. On the domestic front, there will be some concern with a private report that the liquidity crisis in the non-banking finance companies (NBFC) space triggered by the default of infrastructure ending major IL&FS last September is continuing to have an impact on mutual fund (MF) deployments in the sector. The overall exposure of debt MFs to NBFCs stood at Rs 2.2 lakh crore i...
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