Nifty-Sensex-Pre Market Report : 14.05.2019

Nifty-Sensex-Pre Market Report : 14.05.2019
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Pre Session: Sensex, Nifty likely to open negative; Nestle India shares in focus
14/05/2019 08:32
The Indian benchmark indices are likely to open on a choppy note on Tuesday after trade tensions between the United States and China escalated on Monday, the trends on SGX Nifty also indicate a negative opening for the broader index in India. Shares in Asia extended losses on Tuesday following sharp falls on Wall Street overnight, the yen strengthened, and US Treasury yields ticked lower as the trade war between China and the United States escalated. Wall Street’s main indexes tumbled on Monday after Beijing announced plans to retaliate with higher tariffs on US goods, raising fears that another round of tit-for-tat measures could push the US economy toward recession. Back home, bearish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,143.00, down by 42.00 points.


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