Pre Session: Markets may open lower amid weak global cues
26/09/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The Indian benchmark indices are set to open lower on Tuesday amid weak cues from the Asian peers.
The Asian markets have opened on a lower note as the war of words between North Korea and the U.S. escalated, while Wall Street closed lower in the previous trading session as declines in technology stocks offset gains in energy stocks. On the economy front, Prime Minister Narendra Modi constituted a new Economic Advisory Council, which will seek to address the nation's macroeconomic issues. Also, according to reports, Finance Minister Arun Jaitley said the government was in the process of addressing challenges posed by the economy which had seen a little dip in the last quarter.
On the corporate front, Indian Oil Corp (IOC) shares will be in focus after its board gave approval to setting up of Rs 27,460 crore refinery by its subsidiary, Chennai Petroleum Corp Ltd.
Muted trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,869.50, down by 14 points.
26/09/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices are set to open lower on Tuesday amid weak cues from the Asian peers.
The Asian markets have opened on a lower note as the war of words between North Korea and the U.S. escalated, while Wall Street closed lower in the previous trading session as declines in technology stocks offset gains in energy stocks. On the economy front, Prime Minister Narendra Modi constituted a new Economic Advisory Council, which will seek to address the nation's macroeconomic issues. Also, according to reports, Finance Minister Arun Jaitley said the government was in the process of addressing challenges posed by the economy which had seen a little dip in the last quarter.
On the corporate front, Indian Oil Corp (IOC) shares will be in focus after its board gave approval to setting up of Rs 27,460 crore refinery by its subsidiary, Chennai Petroleum Corp Ltd.
Muted trends in the SGX Nifty Index Futures for September delivery, which were trading at 9,869.50, down by 14 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
