Sensex, Nifty likely to open negative; Axis Bank, IOC, REC in focus

Episode 147,   Dec 10, 2018, 02:31 AM

The Indian market is set for a negative start on Monday, following its global peers as worries over US-China trade tensions battered investor sentiment.

The Indian investors are also cautious ahead of the election results outcome of the five major states — Chhattisgarh, Madhya Pradesh, Mizoram, Telangana and Rajasthan — on Tuesday.

At 07:23 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 1.17 percent at 10,632.00, indicating a negative opening for the Indian market.