Pre Market Report : 19.12.2018
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Pre Session: Sensex, Nifty seen opening higher; US Fed meet eyed
19/12/2018 08:40
Indian equities may open higher on Wednesday, tracking bullish trends in SGX Nifty Index Futures and mixed cues from global peers. Overseas, the Asian stocks were trading mixed, following a muted US session overnight, as the possibility of a partial US government shutdown raised investor jitters ahead of a highly anticipated meeting of the Federal Reserve. However, the ongoing Federal Open Market Committee (FOMC) meeting are likely to be the key drivers for the domestic stock market on Wednesday. That apart, slide in oil prices and movement of rupee against the US dollar will also play a major role in guiding market direction. Back home, bullish trends in the SGX Nifty Index Futures for December delivery, which were trading at 10,988.00, up by 33.50 points.
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