The NSE Nifty50 index which opened near 11,322.25 at previous trading session closed on a lower note near 11,314.00, 45.90 points down. During the trading session, the index touched an intraday low of 11,257.35.
On the other hand, the BSE-SENSEX closed near 38,106.87, 198.54 points down. It was the fourth consecutive session when the market closed on a lower note and was in under pressure due to weak global cues.
Global Update: The United States opened a new trade war stating that it will impose tariffs on $7.5 billion of goods on the European Union.
Taking cues from the previous trading session and trend on SGX Nifty, it is expected to see a positive opening in today’s trading session too.