Pre Session: Markets may open lower amid weak Asian cues
24/08/2018
The Indian benchmark indices are set to open lower on Friday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note on escalating global tariff worries, while Wall Street closed lower in the previous trading session as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
The markets may react to a report that China slapped 25 percent tariffs on American imports worth about USD 16 billion in retaliation to a similar move by the US as the two economic giants escalated their trade war.
On the economy front, Niti Aayog vice-chairman Rajiv Kumar said that India needs three-four large lenders which could figure among top 200 global-sized banks.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 11,570, down by 34.50 point.
24/08/2018
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The Indian benchmark indices are set to open lower on Friday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note on escalating global tariff worries, while Wall Street closed lower in the previous trading session as trade-sensitive stocks were hit by a fresh round of tariffs in the trade dispute between the United States and China.
The markets may react to a report that China slapped 25 percent tariffs on American imports worth about USD 16 billion in retaliation to a similar move by the US as the two economic giants escalated their trade war.
On the economy front, Niti Aayog vice-chairman Rajiv Kumar said that India needs three-four large lenders which could figure among top 200 global-sized banks.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 11,570, down by 34.50 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
