Pre Session: Flat openings on cards for Sensex, Nifty; August F&O expiry eyed : 31/08/2017 08:37
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian benchmark indices are likely to open flat to lower on Thursday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets amid North Korea woes. The tensions between the US and North Korea seemed to escalate after President Donald Trump dismissed any diplomatic negotiations a day after later fired a ballistic missile that flew over Japan, Reuters reported. In the overnight trade, Wall Street ended higher as investor cheered higher-than-expected economic growth in the second quarter. According to data released by the Commerce Department, the US economy expanded at a 3 per cent annual rate over the three months to the end of June, up from an earlier 2.6 per cent estimate. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,857, down by 24 points
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian benchmark indices are likely to open flat to lower on Thursday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed trading across Asian markets amid North Korea woes. The tensions between the US and North Korea seemed to escalate after President Donald Trump dismissed any diplomatic negotiations a day after later fired a ballistic missile that flew over Japan, Reuters reported. In the overnight trade, Wall Street ended higher as investor cheered higher-than-expected economic growth in the second quarter. According to data released by the Commerce Department, the US economy expanded at a 3 per cent annual rate over the three months to the end of June, up from an earlier 2.6 per cent estimate. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,857, down by 24 points
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