Nifty-Sensex-Pre Market Report : 20.06.2019
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Pre Session: Sensex, Nifty to open positive; HDFC shares in focus
20/06/2019 08:35
The Indian domestic equities are seen positive opening on Thursday tracking gains among Asian peers, the trends on SGX Nifty also indicate a positive opening for the broader index in India. Asian shares witnessed gains during the early morning trade on Thursday. A gauge of global stock markets edged near this year’s peak while benchmark US Treasury yields, and the dollar dropped after the Federal Reserve signalled possible interest rate cuts later this year. On Wall Street, the indices inched up during the overnight trade on Wednesday. The US Federal Reserve held interest rates steady on June 19 but signalled possible rate cuts of as much as half a percentage point over the remainder of this year, as it responded to increased economic uncertainty and a drop in expected inflation. Back home, bullish trends in the SGX Nifty Index Futures for June delivery, which were trading at 11,755.50 up by 37.00 points.
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