Pre Session: Sensex, Nifty seen opening in red on weak global cues; NTPC in focus
29/08/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Snapping four-day gaining streak, Indian equities are likely to open lower on Tuesday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed global cues, as investors may weigh fresh missile launch by North Korea, which may escalate tensions on the Korean peninsula. Markets in Asia tanked after media report suggested that North Korea fired a missile over northern Japan. The report also suggested that Japanese Prime Minister Shinzo Abe said in a statement that the launch was reckless and unprecedented. In the overnight trade, Wall Street ended mixed as energy and bank shares tumbled after Hurricane Harvey flooded Texas, forcing energy facilities to close. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,867.50, down by 45.5 points.
29/08/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Snapping four-day gaining streak, Indian equities are likely to open lower on Tuesday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed global cues, as investors may weigh fresh missile launch by North Korea, which may escalate tensions on the Korean peninsula. Markets in Asia tanked after media report suggested that North Korea fired a missile over northern Japan. The report also suggested that Japanese Prime Minister Shinzo Abe said in a statement that the launch was reckless and unprecedented. In the overnight trade, Wall Street ended mixed as energy and bank shares tumbled after Hurricane Harvey flooded Texas, forcing energy facilities to close. Back home, bearish trend in the SGX Nifty Index Futures for August delivery, which were trading at 9,867.50, down by 45.5 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
