Pre Session: Markets may open lower amid mixed Asian cues
16/04/2018
The Indian benchmark indices are set to open lower on Monday amid mixed cues from other Asian peers.
The Asian markets have opened on a mixed note, while Wall Street closed lower in the previous trading session as results from big banks failed to stimulate and fear of broader conflict in Syria further unnerved investors.
On the economy front, India's services exports in February dipped by 3.84 percent on monthly basis to USD 15.71 billion, according to RBI data.
Also, the Reserve Bank of India (RBI) may relax some of the stringent norms for treatment of bad loans that it announced in February without diluting their spirit. Also, according to a report non performing assets (NPAs) or bad loans in the banking sector are set to shoot up by at least Rs 8,000 crore.
Around, 3 companies are likely to report their March quarter numbers today including Jay Bharat Maruti, LKP Finance and Lloyds Metals and Energy.
Muted trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,446.50, down by 56.50 point.
16/04/2018
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BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices are set to open lower on Monday amid mixed cues from other Asian peers.
The Asian markets have opened on a mixed note, while Wall Street closed lower in the previous trading session as results from big banks failed to stimulate and fear of broader conflict in Syria further unnerved investors.
On the economy front, India's services exports in February dipped by 3.84 percent on monthly basis to USD 15.71 billion, according to RBI data.
Also, the Reserve Bank of India (RBI) may relax some of the stringent norms for treatment of bad loans that it announced in February without diluting their spirit. Also, according to a report non performing assets (NPAs) or bad loans in the banking sector are set to shoot up by at least Rs 8,000 crore.
Around, 3 companies are likely to report their March quarter numbers today including Jay Bharat Maruti, LKP Finance and Lloyds Metals and Energy.
Muted trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,446.50, down by 56.50 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
