Share market LIVE: Sensex, Nifty may open higher after Modi’s emphatic win; L&T, Reliance Capital in focus
By: FE Online | Updated:May 24, 2019 8:51:00 am
Share market LIVE: The Sensex and Nifty are likely to open higher on Friday morning, after Narendra Modi-led NDA's emphatic win in polls.
Share market LIVE: The Sensex and Nifty are likely to open higher on Friday morning, after Narendra Modi-led NDA’s emphatic win in polls. The SGX Nifty was trading 40 points up at 11,719 indicating a higher opening for Sensex and Nifty.
Asian shares hobbled near four-month lows on Friday and crude oil plunged on worries the U.S.-China trade spat was developing into a more entrenched strategic dispute between the world’s two largest economies, pushing investors to safe-haven assets, Reuters reported.
Shares of Reliance Capital will assume focus, after the Anil Ambani-firm announced that it has exited the mutual fund business by selling stake to Nippon. Shares of infra giant L&T will be in focus after it increased stake in IT major Mindtree to 26.93 per cent, from 26.55 per cent earlier at Rs 979.91 per share. We bring to you Live updates.