Friday 17 August 2018

Nifty Likely To Open Higher; 3 Stocks Which Could Give 7-10% Return

Posted by suhani varma on Friday, August 17, 2018 with No comments

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The Nifty is likely to open higher on Friday, tracking positive trend seen in other Asian markets. The index closed 50 points lower at 11,385 on Thursday.

Trends on SGX Nifty indicate a positive opening for the broader index in India, a rise of 10 points or 0.09 percent. Nifty futures were trading around 11,432- level on the Singaporean Exchange.

US stocks rebounded on Thursday with the Dow posting its biggest percentage gain in over four months, as positive earnings and waning trade jitters buoyed investor confidence, said a Reuters report.


Asian shares won a modest reprieve on Friday after China and the United States agreed to hold their first trade talks since June next week and as the Turkish lira extended gains from its record low earlier this week, it said.

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