Nifty-Sensex-Pre Market Report : 27.03.2019
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Pre Session: Sensex, Nifty seen negative opening; GMR Infra in focus
27/03/2019 08:48
The Indian equity indices are likely to open lower on Wednesday as trends on SGX Nifty indicate a negative opening for the broader index in India. Asian shares slipped on Wednesday, giving up their small gains made the previous day, as investors tried to come to terms with a sharp shift in US bond markets and the implications for the world’s top economy. US stocks gained on Tuesday, with financials snapping a five-day losing streak as Treasury yields stabilized above 15-month lows. On the global front, the British parliament is due to vote on a series of indicative votes to find a way forward on Brexit on Wednesday. Oil prices edged lower on Wednesday after an industry report showed an unexpected rise in U.S. crude inventories, but losses were capped by ongoing supply curbs and issues affecting output from countries including Venezuela. Back home, bearish trends in the SGX Nifty Index Futures for March delivery, which were trading at 11,500.00 low by 23.50 points.
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