Nifty-Sensex-Pre Market Report : 02.07.2019
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Pre Session: Sensex, Nifty seen positive opening; ICRA shares in focus
02/07/2019 08:32
The Indian equity indices may open on a positive note on Tuesday taking cues from the trade truce between the US and China, and the anticipation of the Union Budget, set to be unveiled on Friday. That apart, the monthly auto sales data, progress in monsoon, foreign fund flow, crude oil prices and rupee movement against the dollar could also steer indices. Stocks in Asia were mixed in Tuesday's morning trade. Japan's Nikkei added 0.12 per cent in early trade, while South Korea's Kospi slipped 0.4 per cent. U.S. stocks climbed but finished off earlier highs, led by gains in technology stocks on optimism for progress in U.S.-China trade talks and signs of a likely reprieve for Chinese telecom company Huawei. Back home, bullish trends in the SGX Nifty Index Futures for July delivery, which were trading at 11,919.50 up by 17.00 points.
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