Friday 17 August 2018


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Indian markets witnessed selling pressure in the second half of the trading session on Thursday. The S&P BSE Sensex slipped nearly 200 points while Nifty50 closed below 11,400 levels.

Falling rupee remains a concern for investors which ended at 70.16 a dollar, down 0.38 percent, from its Tuesday’s close of 69.89. The currency opened at 70.25 and touched an all-time low of 70.39 a dollar.

Deepening economic crisis in turkey, escalating trade war fears as well as strength in US Dollar pushed markets as well as currencies across the globe in a tail spin.


We could see some respite on Friday after media reports suggest that China will hold a fresh round of trade talks with the United States in Washington later this month, Beijing said on Thursday – Reuters reported.

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