• SENSEX
    NIFTY 50

Mangalam Maloo's market update on May 31: Sensex, Nifty likely to open flat; Tata Steel, PSU banks, Lupin, RCom, Infibeam in focus

Indian shares are set to open flat on Friday ahead of fourth-quarter gross domestic product (GDP) data due to be released after 5.30 PM today.

The median forecast in the latest Reuters poll showed the economy was expected to have grown 6.3 percent in the January-March quarter, the slowest annualised pace in nearly two years.

Asian stocks and US futures tanked over concerns of a slowdown in the global economy after US President Donald Trump opened a new front in the trade war by slapping new tariffs on Mexico goods.

Indian benchmark indices BSE Sensex and NSE’s Nifty 50 settled at record high levels in the previous session led by IT and banking stocks.

The Sensex settled 330 points higher at record closing high of 39,832, while the Nifty50 added 85 points to end at fresh closing high of 11,946.

At 7.20 AM, SGX Nifty, an early indicator of the Nifty 50's trend in India, traded 11.5 points, or 0.10 percent, higher, pointing to a flat start for the Sensex and the Nifty.

Stocks to watch: Sensex, Nifty likely to open flat; Tata Steel, PSU banks, Lupin, RCom, Infibeam in focus.

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.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.
More Episodes from MarketBuzz
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open higher; Bharti Airtel, MindTree, Cyient in focus
The Indian market is likely to open higher Friday on short covering after a sharp fall in the previous session.
16 Oct 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open flat; Infosys, Likhitha Infra, NMDC in focus
The Indian market is likely to open on a flat note on Thursday following mixed sentiment in global markets.
15 Oct 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open lower; Telecom stocks, Wipro, Infosys in focus
The Indian market is likely to open lower on Tuesday following a muted trend in Asian peers.
13 Oct 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open higher; Mazagon Dock Shipbuilders, UTI AMC, Indiabulls Housing in focus
The Indian share market is expected to open higher on Monday after sentiment in US appears to reflect Trump administration's growing desire for some sort of fiscal aid ahead of the 2020 US elections.
12 Oct 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open higher; Adani Green, Solara Active, JK Cement in focus
The Indian stock market is expected to open higher on Friday ahead of the RBI policy announcement.
09 Oct 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open lower; Auto Stocks, RIL, TCS in focus
The Indian market is expected to open lower on Monday on concern and confusion over US President Donald Trump's COVID-19 diagnosis.
05 Oct 2020
MarketBuzz Podcast With Reema Tendulkar: Sensex, Nifty likely to open higher; Auto stocks, RIL, ONGC in focus
The Indian market is likely to open higher on Thursday tracking gain in the global markets.
01 Oct 2020
MarketBuzz Podcast With Reema Tendulkar: Sensex, Nifty likely to open higher; HDFC Bank, JSW Energy, Hero MotoCorp in focus
The Indian market is expected to open higher on Monday amidst positively trading Asian markets.
28 Sep 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open lower; HCL Tech, ICICI Bank, Aviation stocks in focus
The Indian market is likely to open lower on Thursday following losses in global markets after the US Federal Reserve’s policy-making committee indicated the overnight rate could stay close to zero for years to reach its 2% inflation target.
17 Sep 2020
MarketBuzz Podcast With Sonia Shenoy: Sensex, Nifty likely to open flat; ICICI Bank, Indiabulls Housing Finance in focus
The Indian market is likely to open on a flat note on Tuesday amid a mixed trend in the Asian peers.
15 Sep 2020
Load More...
Sign Up For Primo, Our Free Daily Newsletter
Advertisement