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The Nifty50 is expected to open flat-to-positive on Monday following muted trend seen in other Asian markets. The index closed 86 points lower at 10,596 on Friday.The Nifty futures on Singaporean Stock exchange, SGX, were trading absolutely flat with a positive bias, indicating a similar opening on the market in India. The SGX Nifty was trading around 10,624-mark, up just 10 points.
Markets in Asia were trading on a subdued note, even as positive cues came in from US-China trade war front. US Treasury Secretary Steven Mnuchin said the U.S. trade war with China is “on hold” after the world’s two largest economic powers agreed to drop their tariff threats while they work on a wider trade agreement, said a report.
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