Pre Session: Negative opening on cards for Sensex, Nifty; HDFC Bank, Bharati Infratel in focus 23/04/2018

Pre Session: Negative opening on cards for Sensex, Nifty; HDFC Bank, Bharati Infratel in focus
23/04/2018
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian equities are likely to start week on bearish note on Monday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed trend across the Asian markets. Overseas, Asian stocks were trading mostly lower following negative closing of US shares indexes on Friday due to fall in Apple shares. The investors also remained concerned about rising US Treasury yields. Back home, bearish trend in the SGX Nifty Index Futures for April delivery, which was trading at 10,566.50, down 70.50 points.

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