Pre Market Report : 01.01.2019
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Pre Session: Indices may open flat; PSU Banks in focus
01/01/2019 08:54
Indian benchmark indices may start on flat note on Tuesday as most of the Asian markets are shut, while US markets ended 2018 on positive note. The markets are likely to move in a narrow range on Tuesday amid lack of major domestic and global cues. That apart, market participants are expected to react to core sector numbers, which was released post market hours on Monday. The Wall Street advanced in low-volume trading on Monday as investors gathered to ring in 2019, marking the end of the worst year for US stocks since 2008, the height of the financial crisis. Investors will also keep a tab on movement in rupee and crude oil prices. Back home, bullish trends in the SGX Nifty Index Futures for December delivery, were trading at 10,922.50 up by 1.00.
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