Market Pre-Opening Podcast on May 23, 2018

Episode 65,   May 23, 2018, 03:07 AM

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The Nifty50 is expected to open flat-to-negative on Wednesday following muted trend seen in other Asian markets. The index closed 20 points higher at 10,536 on Tuesday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 16 points. Nifty futures were trading around 10,533 on the Singaporean Exchange.

US stocks ended lower on Tuesday, weighed down by lingering uncertainty over the outcome of trade talks between the United States and China and declines in energy and industrial shares, said a Reuters report.

Asian shares edged up on Wednesday but investors were cautious after US President Donald Trump tempered optimism over progress made so far in trade talks between the world's two largest economies, it said.

As many as 123 stocks to report March quarter numbers today including names like Archies, CESC, eClerx, EROS Media, Godrej Industries, Grasim Industries, IFCI, Jet Airways, Kolte Patil, Natco Pharma, Repco Homes, Tata Motors and Tata Motors DVR among others.