Friday 18 May 2018

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

Posted by suhani varma on Friday, May 18, 2018 with No comments

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The Nifty50 is expected to open flat on Friday following muted trend seen in SGX Nifty. The index closed 58 points lower at 10,682 on Thursday.

Trends on Nifty futures on the Singaporean exchange show that the Nifty could have a lower opening. SGX Nifty is currently trading around 10,670-levels.

Wall Street ended a choppy trading session lower on Thursday, as investors grappled with escalating trade tensions and rising oil prices. US 10-year Treasury yields closed at 3.1131 percent, said a Reuters report.


Asian stocks edged up on Friday as investors kept a cautious watch on developments in US-China trade negotiations, while the dollar was perched near a five-month peak against a basket of currencies thanks to the benchmark US Treasury yield topping a seven-year high, it said.

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