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As on Aug 18, 2017 12:00 AM Your results on : Pre Session    
Market may tumble on weak global cues
18-Aug-2017 (07:46)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 57.50 points at the opening bell on weak global cues.

Overseas, Asian stocks edged lower on growing doubts about US President Donald Trump's ability to fulfil his economic agenda.

Confidence was shaken further after a van mowed through crowds of tourists in Barcelona on Thursday, 17 August 2017, killing at least 13 people and injuring more than 100 in an attack authorities were treating as terrorism. Spanish police said they had killed four attackers in a shootout south of the city overnight.

US stocks tumbled overnight as the broader market appeared to be fretting about a number of bearish factors, including a record-setting market that has been viewed as too rich and due for a pullback, concerns about the health of the economy and the Federal Reserve's comfort in normalizing interest rates amid levels of inflation that have run below their 2% target, considered indicative of a normally functioning economy.

The Dow Jones Industrial Average fell 274 points, or 1.2%, lower at 21,750, as the broader stock market faced its biggest selloff since last week's North Korea-fueled jitters. The S&P 500 index meanwhile, ended down 1.5% at 2,430 and the Nasdaq Composite Index shed 1.9% at 6,221.

Concerns have grown over Trump's ability to push through his economic goals such as tax cuts and infrastructure spending following the exodus of executives from two prominent business councils in reaction to his response to clashes last weekend in Charlottesville, Virginia.

Trump on Thursday, 17 August 2017, again decried the removal of pro-slavery Civil War Confederacy monuments, which have fuelled US racial tensions, stoking worries that some of his key policy staffers and aides may quit.

Closer home, foreign portfolio investors (FPIs) sold shares worth a net Rs 981.05 crore yesterday, 17 August 2017, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 828.59 crore yesterday, 17 August 2017, as per provisional data.

Key benchmark indices settled with minor gains after a volatile trading session yesterday, 17 August 2017. The barometer index, the S&P BSE Sensex, rose 24.57 points or 0.08% to settle at 31,795.46. The Nifty 50 index advanced 6.85 points or 0.07% to settle at 9,904.15. Weakness in European stocks and subdued trading on Asian bourses kept investors' risk-appetite in check.

Shares may correct after recent rally
17-Aug-2017 (08:00)
Market may extend gains on positive Asian cues
16-Aug-2017 (07:59)
Market may open higher on positive global signals
14-Aug-2017 (08:03)
A weak opening on the cards
11-Aug-2017 (08:33)
Market may extend recent weakness
10-Aug-2017 (08:35)
Weak opening on the cards
09-Aug-2017 (08:32)
Market may open slightly higher
08-Aug-2017 (08:34)
Market may open lower
07-Aug-2017 (08:28)
Market may open flat to slightly higher
04-Aug-2017 (08:35)
Indices may open lower on weak Asian stocks
03-Aug-2017 (08:40)
Market may open with tiny losses
02-Aug-2017 (08:36)
Market may extend recent gains
01-Aug-2017 (08:37)
Market may open flat to slightly lower
31-Jul-2017 (08:32)
Lower opening on cards
28-Jul-2017 (08:16)
Market may extend gains
27-Jul-2017 (08:21)
Market may open higher on positive global cues
26-Jul-2017 (08:17)
Market may edge higher in early trade
25-Jul-2017 (08:15)
Market may open slightly higher
24-Jul-2017 (08:03)
Market may see flat opening
21-Jul-2017 (08:03)
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