Nifty-Sensex-Pre Market Report : 24.01.2019

Nifty-Sensex-Pre Market Report : 24.01.2019
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Pre Session: Sensex likely to open positive; YES Bank, Biocon in focus
24/01/2019 08:55
Indian benchmark indices are likely to open positive on Thursday. A host of global factors such as concerns over global growth, US government shutdown and US-China trade talks are likely to guide the market movement today. Apart from this, December quarter earnings, movement in rupee and crude oil will affect the indices. Asian shares rose on Thursday after Wall Street managed to end higher, but gains were capped by political uncertainty in the United States and worries about weakening global economic growth. The European Central Bank is all but certain to keep policy unchanged on Thursday but may acknowledge a sharp slowdown in growth, raising the prospect that any further policy normalization could be delayed. Back home, bullish trends in the SGX Nifty Index Futures for January delivery, were trading at 10,871.50 up by 30.50.


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