Pre Session: Markets may open lower on weak Asian cues
01/03/2018
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open lower on Thursday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note as risk appetite soured after sharp losses seen stateside in the previous session, while Wall Street closed lower in the previous trading session dragged down by continued worries over rising interest rates.
On the economy front, the markets may react to the report that the Indian economy grew at 7.2 percent in October-December 2017, and will likely expand 6.6 percent in 2017-18.
On the IPO front, the initial public offer of H G Infra Engineering was subscribed 5 times so far on the last day of bidding on February 28.
Also, Morgan Stanley reviewed country allocation following sharp cuts seen in global equity markets including India in the last month.
Muted trends in the SGX Nifty Index Futures for March delivery, which were trading at 10,452, down by 67 points.
01/03/2018
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
Free Intraday Tips : Join Our Whatsapp No : 9841986753
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The Indian benchmark indices are set to open lower on Thursday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note as risk appetite soured after sharp losses seen stateside in the previous session, while Wall Street closed lower in the previous trading session dragged down by continued worries over rising interest rates.
On the economy front, the markets may react to the report that the Indian economy grew at 7.2 percent in October-December 2017, and will likely expand 6.6 percent in 2017-18.
On the IPO front, the initial public offer of H G Infra Engineering was subscribed 5 times so far on the last day of bidding on February 28.
Also, Morgan Stanley reviewed country allocation following sharp cuts seen in global equity markets including India in the last month.
Muted trends in the SGX Nifty Index Futures for March delivery, which were trading at 10,452, down by 67 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
