Pre Market Report : 15.01.2019
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Pre Session: Soft opening seen for Sensex, Nifty; Tata Power shares in focus
15/01/2019 08:47
Indian equities may open higher on soft note on Tuesday, tracking bearish trends on SGX Nifty which indicates a positive opening for the broader index in India. Concerns over falling Chinese exports and a crucial vote on Brexit deal due on Tuesday may keep global markets cautious. And domestic equities may be no exception. Asian shares were on back foot on Tuesday as an unexpected drop in China’s exports heightened worries about the global economy while the British pound braced for a showdown in parliament over the government’s Brexit plan. US stocks declined on Monday as an unexpected drop in China’s exports reignited worries of a global economic slowdown and prompted caution among investors as the corporate earnings season kicked off. Back home, bullish trends in the SGX Nifty Index Futures for January delivery, were trading at 10,825.50 up by 56.00.
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