Nifty-Sensex-Pre Market Report : 12.03.2019
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Pre Session: Sensex, Nifty may start positive; TVS, HDFC Life in focus
12/03/2019 08:51
Indian benchmark indices are likely to start on a positive note on Tuesday as Trends on SGX Nifty indicate a positive opening for the broader index. Macro data such as IIP (Index of Industrial Production) data for January and CPI (consumer price index) inflation numbers for February, which are set to be released today. On the global front, a key vote by UK lawmakers on Theresa May's Brexit deal, scheduled for later in the day, will also be on the radar. Asian shares rose on Tuesday after the European Commission agreed to changes in a Brexit deal ahead of a vote in the British parliament on a divorce agreement. US stocks jumped on Monday as the technology sector led a broad-based rebound following five straight sessions of losses, but a fall in Boeing’s shares limited the Dow’s advance after a deadly airline crash in Ethiopia. Back home, bullish trends in the SGX Nifty Index Futures for March delivery, which were trading at 11,263.50, down by 51.00 points.
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