Nifty-Sensex-Pre Market Report : 14.02.2019
Our Blog Information Learning purpose only
(Paper Trading Practice for Currency, Equity, Commodity Segment)
Pre Session: Sensex likely to open flat; Fortis, Jet Airways in focus
14/02/2019 08:43
Indian benchmark indices are likely to open negative on Thursday. The wholesale price index (WPI) inflation numbers for January 2019, will be released later in the day. Apart from this, corporate results for December quarter, stock-specific action, movement of rupee against the US dollar, crude oil prices and China-US tariff talks will influence market sentiment. Asian stock markets started in a cautious mood on Thursday as investors hoped for progress in the latest Sino-US tariff talks while bracing for China trade data that are expected to show further falls in both exports and imports. US President Donald Trump said trade talks with China were “going along very well” as the world’s two largest economies try to resolve their seven-month tariff war ahead of a March 1 deadline for a deal. Oil prices inched up on Thursday. On Wednesday, WTI crude futures closed 1.5 per cent higher while International Brent crude oil futures settled 1.9 per cent up. Snapping its six-day winning run, the rupee Wednesday settled 10 paise lower at 70.80 against the US dollar amid rising crude prices and heavy foreign fund outflows. Back home, bearish trends in the SGX Nifty Index Futures for February delivery, were trading at 10,773.50 down 29.50.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
