NIFTY 50

Ekta Batra's market update on April 18: Sensex, Nifty likely to open flat; Jet Airways, Mindtree, Wipro, RIL in focus

The Indian stock market is set to open flat on Thursday following Asian cues after a negative performance on Wall Street, with caution ahead of business surveys in Europe and Japan, and the Good Friday and Easter holidays keeping investors on the sidelines.

Domestic stock, bond, commodity and forex markets remained closed on Wednesday on account of Mahavir Jayanti. On Tuesday, NSE Nifty and BSE Sensex extended gains to end at record highs amid sustained buying from foreign investors and positive sentiment in global peers. Investors were also optimistic as the earnings season got off to a good start and the IMD forecast average monsoon rains this year.

At 07:04 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was unchanged at 11,848.50, indicating a flat start for the Sensex and Nifty.

Stocks in focus: Jet Airways, Mindtree, Wipro, RIL. Click here to know more.

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