Motilal Oswal
    NIFTY 50
Motilal Oswal

Mangalam Maloo's market update on May 17: Sensex, Nifty likely to open tepid; Infosys, PNB, Bajaj Auto in focus

Indian shares are likely to open little changed on Friday, in line with Asian stocks, as investor sentiment remained jittery amidst the ongoing Sino-US trade tensions.

Asian shares struggled for footing after tough week as the fallout from US President Donald Trump's move to block China's Huawei Technologies from buying vital American technology weighed on stocks.

On Thursday, the benchmark indices closed near day's high with Nifty finishing above 11,250 level. The Sensex settled 279 points higher at 37,393, while the Nifty50 added 100 points to end at 11,257.

At 7:05 AM, the SGX Nifty was down 0.04 percent, at 11,300, indicating a muted start for the Sensex and the Nifty.

Stocks to watch: Infosys, PNB, Bajaj Auto in focus. Click here to know more. 

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The 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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