Pre Session: Flat opening seen for Sensex, Nifty as Fed hikes policy rate 22/03/2018

Pre Session: Flat opening seen for Sensex, Nifty as Fed hikes policy rate
22/03/2018
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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The Indian equities are likely to open higher on Thursday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and weak trend across the Asian markets. Overseas, markets across Asia were trading lower after Wall Street ended in red in the overnight trade as traders remained worried about implications of higher borrowing costs in the US and China as well as mounting global trade tensions. Back home, bullish trend in the SGX Nifty Index Futures for March delivery, which was trading at 10,196.00, up by 17.50 points.

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