Nifty-Sensex-Pre Market Report : 02.04.2019
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Pre Session: Positive opening seen for Sensex, Nifty; Godrej Properties in focus
02/04/2019 08:34
The domestic benchmark indices on Tuesday are likely to have a positive opening as Nifty Futures on Singaporean Exchange were trading higher, the day is likely to be driven by the release of PMI data for the manufacturing sector and March sales numbers by auto firms. Apart from these factors, the investors will also track closely stock-specific action, movement of rupee against the US dollar, oil prices and FII inflows. Asia shares extended their rally on Tuesday as factory activity surveys from China and the United States boosted investor confidence, triggering the largest one-day sell-off in the US Treasury market in nearly three months. On the global front, US manufacturing activity rebounded a bit more than expected in March, according to an industry report released on Monday, as production, new orders and hiring all picked up. Back home, bullish trends in the SGX Nifty Index Futures for April delivery, which were trading at 11,744.00, up by 10.00 points.
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