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Sonia Shenoy's market updates on December 19: Sensex, Nifty likely to open higher; US crude oil falls nearly 8%, lowest since August 2017

Sonia Shenoy's market updates on December 19: Sensex, Nifty likely to open higher; US crude oil falls nearly 8%, lowest since August 2017

Indian shares will likely open higher on Wednesday, tracking a sharp fall in crude oil prices, easing macro concerns. The SGX Nifty Futures indicate a positive start on Dalal Street today.

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Oil prices tumbled after reports of swelling inventories and forecasts of record US and Russian output hitting a market that may see weaker demand if global growth deteriorates as many expect.
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