NIFTY 50

Nigel D'Souza's market update on June 17: Sensex, Nifty set for muted start; Lupin, PSU banks in focus

India shares are set for a muted start on Monday as concerns of rising oil prices and delayed monsoon weigh on the economy.

Moreover, markets sentiment also turned cautious after India has decision to hike tariffs on 29 US products from June 16 in retaliation to the US decision of significantly hiking customs duties on certain steel and aluminium products.

Asian shares also traded flat ahead of the monetary policy decision of the US Federal Reserve on June 19.

At 7.25 AM, the SGX Nifty futures traded 0.01 percent lower at 11,830, indicating a flat 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.

Subscribe to our free podcasts on Audioboom or listen on the featured podcast page on CNBCTV18.com.
Sign Up For Primo, Our Free Daily Newsletter