Nifty-Sensex-Pre Market Report : 23.05.2019
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Pre Session: Sensex, Nifty likely to open positive; HDFC Bank shares in focus
23/05/2019 08:40
Indian domestic indices are likely to open on a positive note on Thursday taking cues from the results of the Lok Sabha elections 2019 due today. Asian shares were stuck in the red on Thursday amid worries the Sino-US trade conflict was fast morphing into a technology cold war between the world’s two largest economies. Wall Street’s major indexes dipped on Wednesday as inflamed trade tensions between the United States and China weighed on investor sentiment. A day after Washington’s temporary easing of curbs against Huawei Technology Co Ltd provided respite to US stocks, reports that the White House could impose restrictions on another Chinese technology company rattled US stocks anew. Back home, bullish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,834.50, up by 54.50 points.
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