Sensex, Nifty likely to open lower; SBI, DLF, Axis Bank in focus
Episode 125, Nov 05, 2018, 02:41 AM
Indian stocks are set to start the week on a negative note amid cues from its Asian peers on any new headlines on the Sino-US trade war ahead of a meeting of the leaders of the world’s two biggest economies later this month.
Investor sentiments will also weigh on Dhanteras, a gold buying festival in India, ahead of the festival of Diwali. India is the top buyer of gold in the world.
At 07.10 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.36 percent to 10,550.50, indicating a weak opening for the Indian market today.