Market Pre-Opening Podcast on May 29, 2018

Moneycontrol News

The Nifty50 is expected to open flat-to-negative on Tuesday following muted trend seen in other Asian markets. The index closed 83 points higher at 10,688 on Monday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 27.50 points or 0.26 percent. Nifty futures were trading around 10,666.50-level on the Singaporean Stock Exchange.

Wall Street remain closed on account of a public Holiday while Asian shares fell on Tuesday and the euro slipped back to 6-1/2 month lows as early elections loomed in Italy. Liquidity is expected to be relatively thin with market holidays in Singapore, Malaysia, Indonesia and Thailand.

The Indian rupee and 10-year bond prices on Monday closed at two-week highs as falling crude oil prices ease inflation and trade deficit worries.