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Market may open slightly lower
(01 Jan 2019, 08:28)

Trading of Nifty 50 index futures on the Singapore stock exchange indicates that the Nifty could fall 6 points at the opening bell. Auto stocks will be in focus as they are set to announce their monthly sales data for December.

Overseas, most Asian markets are closed. US stocks ended with a narrow gain on Monday in thin pre-holiday trading.

Back home, the market settled with small decline on the last trading session of calendar 2018 after alternately swinging between positive and negative zone during the day. The Sensex fell 8.39 points or 0.02% to settle at 36,068.33.

The trading activity on that day showed that the foreign portfolio investors (FPIs) sold shares worth a net Rs 326.87 crore yesterday, 31 December 2018, as per provisional data released by the stock exchanges. Domestic institutional investors (DIIs) bought shares worth a net Rs 321.98 crore yesterday, 31 December 2018, as per provisional data.

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