Market Pre-Opening Podcast on April 13, 2018

Moneycontrol News

The Nifty50 is expected to open higher on Friday tracking positive trend seen in other Asian markets. The Nifty50 closed 41 points higher at 10458.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 29 points or 0.28 percent. Nifty futures were trading around 10,497-level on the Singapore Stock Exchange.

US stocks climbed on Thursday as investors anticipated a strong earnings season and as US President Donald Trump’s suggestion that a military strike on Syria may not be imminent ratcheted down geopolitical worries, Reuters reported.

Asian shares traded higher early on Friday trade, with Japan and South Korea gaining after US markets gained in the last session. MSCI's broadest index of Asia-Pacific shares outside Japan ticked up 0.1 percent while Japan's Nikkei gained 0.8 percent. South Korea's Kospi added 0.48 percent, Reuters reported.