Pre Session: Sensex, Nifty seen opening lower on weak global cues; TCS earnings eyed 11/10/2018

Pre Session: Sensex, Nifty seen opening lower on weak global cues; TCS earnings eyed
11/10/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian equities may open lower on Thursday, tracking bearish trends in SGX Nifty Index Futures and weak cues from global peers. Overseas, the Asian stocks were bleeding in red, after sharp sell-off in the US stocks in overnight trade, with Japan’s Nikkei 225, Hang Seng and Shanghai composite down over 3 per cent as trade wars and risks in emerging markets currencies weighed on investor sentiment. Back home, bearish trends in the SGX Nifty Index Futures for October delivery, which were trading at 10,220.00, down by 260 points.

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