Market Pre-Opening Podcast on June 28, 2018

The Nifty50 is likely to open flat on Thursday tracking muted trend seen in other Asian markets. The index closed 97 points lower at 10,671 on Wednesday.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 30 points or 0.28 percent. Nifty futures were trading around 10,645-level on the Singaporean Exchange. 

US stocks fell on Wednesday on renewed uncertainty regarding the US stance on Chinese investments in American technology companies, reversing gains earlier in the session, said a Reuters report.  

Asian stocks slumped to nine-month lows on Thursday on growing worries the US administration’s approach to trade is harming global economic growth even as it appeared to be modifying its approach to curb Chinese investments in US technology firms, it said.