Pre Session: Gap down opening seen for Sensex, Nifty; RIL Q2 eyed 13/10/2017

Pre Session: Gap down opening seen for Sensex, Nifty; RIL Q2 eyed
13/10/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND  : SELL ZONE

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Indian benchmark indices are likely to open lower on Friday, tracking soft cues from Nifty futures on the Singapore Stock Exchange, undermining firm trend across global peers. Markets across Asia were trading higher ahead of US and Chinese economic data. In the overnight trade, Wall Street ended lower, weighed down by financial stocks following disappointing earnings report by JPMorgan and Citigroup. Back home, muted trend in the SGX Nifty Index Futures for October delivery, which were trading at 10,117.50, down by 8.50 points.

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