251: Sensex, Nifty likely to open lower; HCL Tech, Jet Airways, RIL in focus

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Indian bourses are likely to open lower on Friday as global markets remained cautious ahead of the planned tariff hike by the United States on Chinese goods worth $200 billion today.

Asian shares traded little changed as investors await the outcome of US-China trade negotiations. US President Donald Trump said on Thursday he had received a "beautiful letter" from Chinese President Xi Jinping, stoking hopes that Washington may suspend its plan to raise tariffs.

The Indian market ended lower for the seventh straight session on Thursday, with Sensex and Nifty settling at 2-month lows, mirroring losses across Asia. The Sensex settled 230 points, or 0.61 percent lower at 37,559, while the Nifty50 lost 58 points, or 0.51 percent to end at 11,302.

At 7.15 AM, the SGX Nifty was down 26.50 points, or 0.23 percent, at 11,315.50, indicating a negative start for the Sensex and the Nifty.

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