MarketBuzz

Indian bourses are likely to see a tepid start on Thursday as global markets remained under pressure over US-China trade tensions. Asian shares hit six-week lows in early trade after a notice on the Federal Register said the United States will raise tariffs on $200 billion worth of Chinese imports to 25 percent from 10 percent effective on Friday. 

Indian shares declined over 1 percent in the previous session, falling for the sixth straight session. The Nifty 50 closed 1.2 percent weaker at 11,359.45, marking its lowest close in more than six weeks. The Sensex ended down 1.3 percent at 37,789.13, posting its lowest closing level in nearly eight weeks.

At 7.14 AM, the SGX Nifty was down 9.50 points, or 0.10 percent, at 11,393.50, indicating a sluggish start for the Sensex and the Nifty.

Stocks in focus: Yes Bank, Titan, Shriram Transport.

Indian markets are likely to open lower on Wednesday following a selloff in global markets after trade tensions between US and China escalated. 

Shares in Asian and the US fell sharply as the latest developments in the US-China trade conflict fanned fresh fears about global growth. United States on Monday accused Beijing of backtracking from commitments made during trade negotiations.  

Indian investors are cautious ahead of the Lok Sabha election results due on May 23\. In the previous session, benchmark indices BSE Sensex and NSE’s Nifty 50 plunged nearly 1 percent. 

At 06:47 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.53 percent trading at 11,467.50, indicating a weak start for Sensex and Nifty.

Stocks in focus: Vedanta, Biocon, Zee, RCom.

Indian markets are likely to stay volatile on Tuesday amid a selloff in global markets after trade tensions between the US and China escalated. Moreover, March-quarter earnings and Lok Sabha election results also added uncertainty in the markets. 

Asian shares traded near five-week lows after US President Donald Trump's threat to raise tariffs re-ignited worries about US-China trade tensions. 

In the previous session, benchmark indices BSE Sensex and NSE’s Nifty 50 plunged nearly 1 percent, eroding Rs 1.24 lakh crore in market capitalization. 

At 7.44 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.33 percent trading at 11,695, indicating a mixed start for the Sensex and Nifty.

Stocks in focus: ICICI Bank, HDFC Bank, Bharti Airtel.

Indian shares are set to open lower on Monday following weak cues from global markets and as investors turned cautious ahead of Lok Sabha election results and amid ongoing March-quarter earnings season. 

In global markets, Asian shares fell, oil prices slumped and the safe-haven yen strengthened as trade negotiations between China and the US deteriorated suddenly, reversing apparent progress made in recent months. 

On Friday, Indian benchmark indices ended flat as investors remained cautious amid March-quarter earnings season. The indices posted marginal gains for the week. 

At 07:00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.42 percent at 11,711, indicating a weak start for the Sensex and Nifty.

Stocks in focus: Yes Bank, Vodafone Idea, Jet Airways.

Indian shares are set to open lower on Friday as investors turned cautious amid ongoing earnings season and ahead of election results this month. Poor April auto sales data and weak cues from global markets also dampened investor sentiment. 

On Thursday, Indian markets ended lower with Sensex at 38,981.43, down 50.12 points, and Nifty at 11,724.80, down by 23.40 points. Asian markets were mixed amid thin holiday trade. 

Stock markets in China and Japan still closed for holidays. Oil prices fell after US crude production output set a new record, though the losses were capped by the political crisis in Venezuela. 

At 7.17 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 14.5 points at 11,740.5, indicating a tepid start for the Sensex and Nifty.

Stocks in focus: Wipro, Tata Motors, Ircon.

Indian shares are likely to start on a negative note on Thursday following losses in global markets. Stock markets in Japan and China were shut for holidays. The US dollar held gains after the US Federal Reserve held interest rates steady and signaled little appetite to adjust them any time soon.

Indian markets were closed on Wednesday on account of International Labour Day. On Tuesday, benchmark indices reversed gains and ended lower amidst rising crude oil prices. The Sensex closed lower at 39,031.55, down 35.78 points while Nifty50 closed at 11,748.15, down 6.50 points.

Oil prices dipped on Thursday after US crude oil production surged in stockpiles. However, oil markets remained tense as all exemptions to US sanctions on Iran expired, the political crisis in Venezuela escalated, and as producer club OPEC kept withholding supply.

At 7.00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.4 percent at 11,801.50, indicating a tepid start for the Sensex and Nifty.

Stocks in focus: Jet Airways, Maruti Suzuki, Reliance Capital, RCom.

Indian shares are set to open lower on Tuesday following losses in Asia as investors await the US Federal Reserve’s policy decision this week for clues of whether it will continue to take a "patient" approach to interest rate policy. 

Indian markets were closed on Monday on account of the voting day in Mumbai. On Friday, benchmark indices reversed gains and ended around 0.8 percent higher amid rising crude oil prices. The Sensex rose 336.47 points to 39,067.33 and the Nifty50 gained 112.90 points to 11,754.70 amid rising crude oil prices. 

At 7.30 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 38.5 points at 11,831, indicating a tepid start for the Sensex and Nifty.

Stocks in focus: Yes Bank, Sun Pharma, Reliance Capital, Kotak Bank.

The Indian stock market is set to open flat on Friday following subdued trading in Asia amid higher oil prices and ongoing earnings season. Asian shares traded marginally lower ahead of the US gross domestic product data.

On Thursday, benchmark indices reverse gains and ended around 0.8 percent lower after Brent crude prices rose above $75 per barrel for the first time in 2019. 

At 07:14 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.03 percent at 11,734, indicating a positive start for the Sensex and Nifty.

Stocks in focus: Maruti Suzuki, Yes Bank, SBI Life, Tata Steel.

The Indian stock market is set for a weak start on Thursday ahead of the April F&O expiry as well as a slip in the early Asian trades. Asian shares fell after a surprise deterioration in German business morale rekindled fears of slowing global growth.

Oil prices fell as record US output and rising crude stockpiles dampened the impact on markets of tighter US sanctions on Iran and producer club OPEC's continued curbs on supply.

On Wednesday, The BSE Sensex settled at 39,054, up 490 points, while the broader NSE Nifty50 ended at 11,726, adding 150 points.

At 07:00 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.23 percent at 11,709.50, indicating a weak start for the Sensex and Nifty.

Stocks in focus: ICICI Prudential, Indiabulls Housing, Yes Bank.

The Indian market is set for a positive start on Wednesday as oil prices slightly recovered and global cues support as Asian shares recovered after robust earnings and the S&P 500 indexes reached record closing highs on Wall Street overnight.

Oil prices inched lower on Wednesday on signs that global markets remain adequately supplied despite a jump to 2019 highs this week on Washington's push for tighter sanctions against Iran.

On Tuesday, the BSE Sensex settled at 38,565, down 80 points, while the broader NSE Nifty50 ended at 11,576, slipping 18 points. Nifty Midcap was flat while Nifty Smallcap fell 0.6 percent.

At 07:14 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was up 0.17 percent at 11,614.50, indicating a positive start for the Sensex and Nifty.

Stocks in focus: HDFC, ICICI Securities, ACC, Bandhan Bank.