NIFTY 50

Mangalam Maloo's market update on June 18: Sensex, Nifty set for a positive start; Jet Airways, Tech Mahindra in focus

Indian shares are likely to open in green on Tuesday after a massive selloff in the previous session on fear of a trade dispute between US and India.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 plunged over 1 percent after India announced retaliatory tariffs on US goods.

Meanwhile, Asian shares traded mixed ahead of the US Federal Reserve’s interest rate decision on June 19.

Oil prices declined as concerns over economic growth overshadowed geopolitical tensions in the Middle East.

At 07:00 AM, the SGX Nifty futures traded 0.22 percent higher at 11,724, indicating a positive start for the Sensex and the Nifty 50.

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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