Monday 16 April 2018

Nifty Likely To Open Lower; 3 Stocks Which Can Give Up To 10% Return

Posted by suhani varma on Monday, April 16, 2018 with No comments



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The Nifty50 is expected to open lower on Monday tracking muted trend seen in other Asian markets. The Nifty50 closed 21.95 points higher on Friday to close at 10,480.

Trends on SGX Nifty indicate a negative opening for the broader index in India, a fall of 60 points or 0.57 percent. Nifty futures were trading around 10,443-level on the Singapore Stock Exchange.

Financial stocks led a drop on Wall Street on Friday as results from big banks failed to enthuse and fear of broader conflict in Syria further unnerved investors.


The Dow Jones Industrial Average fell 122.91 points, or 0.5 percent, to 24,360.14, the S&P 500 lost 7.69 points, or 0.29 percent, to 2,656.3 and the Nasdaq Composite dropped 33.60 points, or 0.47 percent, to 7,106.65, Reuters reported.

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