Tuesday 17 April 2018

Market Likely To Open Lower, To Remain Volatile Amid Geopolitical Tension

Posted by suhani varma on Tuesday, April 17, 2018 with No comments



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The Indian benchmark Index Nifty closed higher for the straight eighth consecutive day, despite of geopolitical tension and trade war between US and China.

The Index rose 48 points or 0.46 percent to settle at 10528.35. US President Donald Trump declared mission accomplished on Twitter on Saturday, a day after the US, France and the UK launched military strikes targeting three chemical weapons facilities in Syria in retaliation for a suspected poison gas attack in Douma on April 7.


Meanwhile, Russian President Vladimir Putin reportedly warned on Sunday that further Western attacks on Syria would bring chaos to world affairs, as Washington prepared to increase pressure on Russia with new economic sanctions.

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