Pre Market Report : 28.12.2018
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Pre Session: Sensex, Nifty seen opening higher; Tata Steel, UBI stocks in focus
28/12/2018 08:56
Indian benchmark indices may open higher on Friday, tracking bullish trends in SGX Nifty Index Futures and mixed cues from global peers. A strong rebound in US stocks overnight may push domestic indices higher on Thursday, but carry forward of bearish bet into the January series may not bode well for the market in the new F&O series. Asian shares on Thursday latched on to a dramatic surge on Wall Street as markets, battered by a recent drum roll of deepening political and economic gloom, cheered upbeat US data and the Trump administration’s effort to shore up investor confidence. Back home, bullish trends in the SGX Nifty Index Futures for December delivery, were trading at 10,876.00 up by 67.00.
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