Pre Session: Sensex, Nifty seen opening lower; Axis Bank, Wipro in focus
18/10/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
Indian benchmark indices are likely to open lower in holiday-shortened week on Wednesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were in consolidation mode after recent gain as investors kept an eye on China’s Communist Party conference as the ruling Communist Party will appoint President Xi Jinping for a second five-year term as leader. In the overnight trade, Wall Street ended higher on the back of strong corporate earnings reported by big names such as Goldman Sachs, Morgan Stanley and Johns & Johnson. Back home, bearish trend in the SGX Nifty Index Futures for October delivery, which were trading at 10,225.50, down by 36.00 points.
18/10/2017
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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Indian benchmark indices are likely to open lower in holiday-shortened week on Wednesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were in consolidation mode after recent gain as investors kept an eye on China’s Communist Party conference as the ruling Communist Party will appoint President Xi Jinping for a second five-year term as leader. In the overnight trade, Wall Street ended higher on the back of strong corporate earnings reported by big names such as Goldman Sachs, Morgan Stanley and Johns & Johnson. Back home, bearish trend in the SGX Nifty Index Futures for October delivery, which were trading at 10,225.50, down by 36.00 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
