Friday 31 August 2018

Nifty likely To Open Lower 3 Stocks Which Could Give 9-13% Return

Posted by suhani varma on Friday, August 31, 2018 with No comments

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The Nifty50 is likely to open lower on Friday following a mixed trend seen in other Asian markets. The index closed 15 points lower at 11,676 on Thursday.

Trends on SGX Nifty indicate a flat to negative opening for the broader index in India, a fall of 10 points or 0.09 percent. Nifty futures were trading around 11,749-level on the Singaporean Exchange.

US stocks ended their four-day winning streak on Thursday as trade anxieties resurfaced and investors sold risk ahead of the long Labor Day holiday weekend, said a Reuters report.


Asian shares came under renewed pressure on Friday after reports US President Donald Trump was preparing to step up a trade war with Beijing and ready to impose more tariffs on Chinese imports, it said.

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