Nifty-Sensex-Pre Market Report : 20.02.2019
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Pre Session: Sensex likely to open positive; GMR, YES Bank in focus
20/02/2019 08:49
Indian benchmark equity indices may open higher on Wednesday ahead of the 33rd GST Council meeting, due later in the day and the release of the minutes of US Fed’s January policy review. According to news reports, the government is expected to cut GST rates on under-construction residential properties. Asian stocks gained a tad on Wednesday after US-China trade talks resumed while investors awaited minutes from the US Federal Reserve for clues on policymakers’ thinking on interest rates and its balance sheet reduction policy. Among major development, an indicator released by the World Trade Organisation (WTO) to gauge global trade for January-March, 2019, has hit a nine-year low. Back home, bullish trends in the SGX Nifty Index Futures for February delivery, were trading at 10,669.50 up 56.00.
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