Sensex, Nifty likely to open weak; Tata Steel, Jet Airways, Eicher Motors, ONGC in focus
Episode 128, Nov 12, 2018, 02:20 AM
Indian market is set for a weak start on Monday, in line with mixed global cues as investors remain jittery after the weak Chinese economic data sapped demand for equities and oil prices weakened again on Friday.
Asian equities, however, rose in trade after US futures recovered. Japan's Nikkei turned positive whereas Korea's KOSPI remained mildly under pressure on Monday morning.
At 07.09 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.26 percent to 10,595.00, indicating a weak opening for the Indian market.