Pre Session: Markets may open lower amid weak Asian cues
16/08/2018
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 on escalating global tariff worries, while Wall Street closed lower in the previous trading session as investors turned risk-averse on disappointing earnings and escalating global tariff worries.
On the economy front, the markets may react to a report that investors pumped a staggering Rs 10,585 crore in equity mutual funds in July, mainly driven by strong corporate earnings and near normal monsoon. Also, India’s trade deficit in July came in at USD 18.02 billion, compared to USD 16.60 billion in June.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 11,411, down by 23 point.
16/08/2018
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices are set to open lower on Thursday amid weak cues from other Asian peers.
The Asian markets have opened on a lower note on escalating global tariff worries, while Wall Street closed lower in the previous trading session as investors turned risk-averse on disappointing earnings and escalating global tariff worries.
On the economy front, the markets may react to a report that investors pumped a staggering Rs 10,585 crore in equity mutual funds in July, mainly driven by strong corporate earnings and near normal monsoon. Also, India’s trade deficit in July came in at USD 18.02 billion, compared to USD 16.60 billion in June.
Muted trends in the SGX Nifty Index Futures for August delivery, which were trading at 11,411, down by 23 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
