• SENSEX
    NIFTY 50

Anisha Jain's market update on April 16: Sensex, Nifty likely to open positive; Jet Airways, Wipro, Indiabulls Housing Finance, LVB in focus

The Indian stock market is set to open higher on Tuesday following positive trade data and monsoon forecast. India's exports grew significantly by 11 percent to $32.55 billion in March on account of higher growth in various sectors. India's trade deficit narrowed to $10.89 billion as compared to $13.51 billion in the corresponding period last year.

However, the gains will be limited as Asian stocks traded little changed after disappointing bank earnings in US dented Wall Street. Positive signs for the global economy may limit losses in global markets.

At 07:20 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was down 0.12 at 11,751.50, indicating a weak start for the Sensex and Nifty.

Stocks in focus: Jet Airways, Wipro, Indiabulls Housing Finance, Lakshmi Vilas Bank. Click here to know more. 

About MarketBuzz

The CNBCTV18.com podcast on the big themes, vital news and key events that you should know before the opening bell, powered by CNBC-TV18 anchors.

MarketBuzz is your daily morning briefing by CNBC-TV18 research analysts and anchors Sonia Shenoy, Ekta Batra, Anisha Jain, Nigel D’Souza and Mangalam Maloo to jumpstart your stock market investing.

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