Pre Session: Gap down openings on cards for Sensex, Nifty; telecom stocks in focus 21/12/2017

Pre Session: Gap down openings on cards for Sensex, Nifty; telecom stocks in focus
21/12/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices are likely to open on weak note on Thursday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and negative trend across global peers. Markets across Asia were trading mostly in red after Wall Street ended lower in overnight trade after the US Congress passed a long-awaited bill that would cut corporate taxes, which is going to be the largest overhaul of the US tax code in 30 years. Back home, bearish trend in the SGX Nifty Index Futures for December delivery, which were trading at 10,458.00, down by 10 points.

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