Top stocks to watch out for on May 7: ICICI Bank, Bharti Airtel, HDFC Bank
Updated : May 07, 2019 08:13 AM IST
Indian markets are likely to stay volatile on Tuesday amid selloff in global markets after trade tensions between US and China escalated. Moreover, March-quarter earnings and the outcome of Lok Sabha elections also add uncertainty in the markets. Asian shares traded near five-week lows after US President Donald Trump's threat to raise tariffs re-ignited worries about US-China trade tensions. In the previous session, benchmark indices BSE Sensex and NSE’s Nifty 50 plunged nearly 1 percent, eroding Rs 1.24 lakh crore in market capitalisation. At 7.35 AM, the SGX Nifty, an early indicator of the Nifty 50's trend in India, was trading 35 points up at 11,692.