Sensex, Nifty likely to open little changed; Jet Airways, L&T Finance, Nestle India, Yes Bank in focus
Episode 254, May 15, 2019, 02:16 AM
Indian bourses are likely to open little changed on Wednesday amid flat trades in Asian markets. Shares in Asia traded near a 3-1/2-month low on lingering concerns over the economic impact of a US-China trade war, although an overnight bounce in US stocks limited losses.
Indian benchmark indices BSE Sensex and NSE’s Nifty 50 snapped a nine-day losing streak and settled over 0.5 percent higher in the previous session.
The Sensex settled 228 points higher at 37,318, while the Nifty50 added 74 points to end at 11,222.
At 07:00 AM, the SGX Nifty was down 14 points, or 0.13 percent, at 11,246.50, indicating a tepid start for the Sensex and the Nifty.
Stocks to watch: Jet Airways, L&T Finance, Nestle India, Yes Bank in focus