Sensex, Nifty likely to open positive; HCL Technologies, HPCL, Jet Airways, HDFC in focus

Episode 146,   Dec 07, 2018, 02:22 AM

The Indian market is likely to recover on Friday as its Asian peers tried to find their footing after the speculation that the Federal Reserve might be "one-and-done" with US rate hikes.

Global investors, however, remained concerned over Sino-US relations after the arrest of smartphone maker Huawei Technologies chief financial officer Meng Wanzhou, which threatened to chill talks on some form of trade truce.

At 07:13 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.61 percent at 10,689.00, indicating a recovery for the Indian market.