Pre Session: Markets may open lower amid weak Asian cues
15/06/2018
The Indian benchmark indices are set to open lower on Friday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note as investors braced for US tariffs against China, while Wall Street closed lower in the previous trading session after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year.
On the economy front, the markets may react to a report that Sebi plans to put in place revised norms for recovering investors' money in cases of illegal collective investment schemes.
On the corporate front, TCS shares will be in focus as the board of Tata Consultancy Services will meet to consider a proposal for buyback of its shares. Market participants expect the buyback to be worth at least Rs 10,000 crore.
Muted trends in the SGX Nifty Index Futures for June delivery, which were trading at 10,796.50, down by 18.50 point.
15/06/2018
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices are set to open lower on Friday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note as investors braced for US tariffs against China, while Wall Street closed lower in the previous trading session after the US Federal Reserve raised interest rates as expected and projected a slightly faster pace of rate hikes this year.
On the economy front, the markets may react to a report that Sebi plans to put in place revised norms for recovering investors' money in cases of illegal collective investment schemes.
On the corporate front, TCS shares will be in focus as the board of Tata Consultancy Services will meet to consider a proposal for buyback of its shares. Market participants expect the buyback to be worth at least Rs 10,000 crore.
Muted trends in the SGX Nifty Index Futures for June delivery, which were trading at 10,796.50, down by 18.50 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
