Key barometers snapped four-day rising streak on Wednesday, as weakness in other Asian stocks triggered profit selling in the domestic market. Asian stock markets came under selling pressure after US Treasury Secretary said that the United States would continue tariffs on Chinese goods until the completion of a second phase of a US-China trade agreement. The government will release India’s trade data for December 2019 at 18:00 IST today, 15 Wednesday 2019.
Global Markets
South Korea’s Hyundai Motor Co unveiled the first sport-utility vehicle (SUV) under its Genesis brand on Wednesday, a move analysts said was crucial for the premium marque’s expansion in overseas markets.European shares were flat on Wednesday ahead of the signing of an initial trade deal between Washington and Beijing, as comments from the U.S. Treasury Secretary on China tariffs somewhat dimmed optimism.STOXX rose 0.01%.
Nifty Chart
Nifty Outlook
Nifty50 closed at low 12343.30 level, -19 points, or -0.15 per cent. Nifty Support : 12310 and 12270 Resistance : 12370 and 12400.
