Nifty-Sensex-Pre Market Report : 27.05.2019
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Pre Session: Sensex, Nifty likely to open negative; BHEL shares in focus
27/05/2019 08:36
Indian frontline indices are likely to open on a negative note on Monday cues from March quarter earnings and global developments to trade also the trends on SGX Nifty indicate a negative opening for the broader index in India. Asia stocks edged up early on Monday, and the euro was confined to a narrow range after the weekend’s European Parliament elections highlighted the deepening political fragmentation of the 28-country bloc. Wall Street’s major stock indexes edged higher on Friday after falling in the previous session, as hopeful comments from US President Donald Trump regarding trade relations with China assuaged concerns among some investors. Oil prices rose on Monday as ongoing supply cuts led by OPEC kept markets relatively tight. Brent crude futures were at $69.10 per barrel around 6 am, up 0.6 per cent, from their last close. Back home, bearish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,848.50, down by 29.50 points.
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