Nifty-Sensex-Pre Market Report : 16.05.2019
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Pre Session: Sensex, Nifty likely to open choppy; JK Tyres shares in focus
16/05/2019 08:42
Indian equity indices are likely to open on a flat note on Thursday taking cues from March quarter earnings and developments in trade deal negotiations between the US and China. Asian shares steadied on Thursday on news that US President Donald Trump is planning to delay tariffs on auto imports, providing much needed relief to markets hit by a flare-up in trade tensions and on weak US and Chinese economic data. US stocks ended higher on Wednesday as reports that US President Donald Trump would hold off on imposing tariffs on imported cars and parts eased growth concerns, even as economic data disappointed investors. Back home, bullish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,187.00, up by 25.00 points.
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