Market Pre-Opening Podcast on April 30, 2018

Moneycontrol News

The Nifty50 is expected to open higher on Monday tracking positive trend seen in other Asian markets. The index closed 74 points higher at 10,692 on Friday.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 17 points or 0.16 percent. Nifty futures were trading around 10,747-level on the Singapore Stock Exchange.

Wall Street closed nearly flat on Friday as inflation worries and struggling technology and energy stocks were offset by an advance in the consumer discretionary sector led by Amazon, said a Reuters report.

Asian shares rose again on Monday as tensions in the Korean Peninsula eased and first-quarter earnings shone, although some investors pondered whether this sunny outlook could dim in the near future, it said.

MSCI’s broadest index of Asia-Pacific shares outside Japan climbed 0.1 percent following a jump of more than 1 percent on Friday. South Korea's KOSPI index .KS11 gained 0.5 percent.