Pre Session: Bull-run likely to continue at D-St; NMDC, Cipla and Dr Reddy's Lab in focus 09/01/2018

Pre Session: Bull-run likely to continue at D-St; NMDC, Cipla and Dr Reddy's Lab in focus
09/01/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian benchmark indices are likely to extend rally on Tuesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive cues from global peers. Overseas, markets across Asia were trading higher as investors reacted to earnings guidance from Samsung Electronics and kept a close eye on ongoing inter-Korea talks. In the overnight trade, Wall Street ended at record high amid optimism over global economic environment and unlikely rate hikes in near future. Back home, bullish trend in the SGX Nifty Index Futures for January delivery, which were trading at 10,658.50, up by 26.50 points.

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