Pre Session: Negative opening on cards for Sensex, Nifty; RBI policy eyed 06/06/2018

Pre Session: Negative opening on cards for Sensex, Nifty; RBI policy eyed
06/06/2018
NIFTY FUT  TREND           : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian equities may extend losing streak on Wednesday, tracking bearish trend in Nifty futures on the Singapore Stock Exchange and mixed cues from the global markets. Overseas, Asian stocks were trading mostly lower as investor weighed looming trade tension between US and China. In the overnight trade, Wall Street ended mixed as market sentiments were dented by protectionism and geopolitical issues. Back home, bearish trend in the SGX Nifty Index Futures for June delivery, which were trading at 10,591.50, down by 15.50 points.

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