Market may open lower

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Capital Market
Last Updated : Nov 19 2018 | 9:04 AM IST

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 19 points at the opening bell.

Overseas, most Asian stocks were trading higher even as US-China trade tensions showed no sign of improvement over the weekend. US stocks finished higher on Friday, 16 November 2018 as US President Donald Trump appeared to signal a willingness to reach a deal with China at this month's G-20 summit.

Back home,the market settled with decent gains on Friday, 16 November 2018, boosted by a firmness in Reliance Industries, HDFC twins and telecom shares. The Sensex rose 196.62 points or 0.56% to settle at 35,457.16, its highest closing level since 3 October 2018.

The trading activity on that day showed that the foreign portfolio investors (FPIs) bought shares worth a net Rs 844.82 crore on Friday, 16 November 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) sold shares worth a net Rs 372.24 crore on Friday, 16 November 2018, as per provisional data.

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First Published: Nov 19 2018 | 8:16 AM IST

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