Pre-market view: Prashanth Tapse, Senior VP (Research), Mehta Equities
Anxiety prevails at Dalal Street with concerns over the ruling BJP’s potential slim victory margin impacting bold reforms, as May F&O contracts expire today. Key Q4 results from Apollo Hospitals, Bharat Dynamics, Godfrey Philips, Muthoot Finance, and Swan Energy are awaited. Volatility is expected, driven by US PCE inflation data at 6 PM IST and a significant overnight drop in the Dow Jones.
