Nifty-Sensex-Pre Market Report : 04.04.2019
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Pre Session: Sensex, Nifty seen a positive opening; RIL shares in focus
04/04/2019 08:45
The domestic benchmark indices are likely open positive on Thursday tracking cues from stock-specific action, movement of rupee against the US dollar, oil prices and FII inflows RBI’s first bi-monthly monetary policy decision of 2019-20 which will be released later in the day. Asian shares paused near an eight-month peak on Thursday as investors awaited developments on trade talks between the United States and China, who appear closer to signing a deal, nudging bond yields higher globally and softening the safe-haven yen. On the global front, the US stocks edged higher on Wednesday, extending a strong start to the quarter as a rally among chipmaker shares provided a boost to the broader market on growing hopes of a trade deal between Washington and Beijing. Back home, bullish trends in the SGX Nifty Index Futures for April delivery, which were trading at 11,728.00, up by 15.50 points.
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