Pre Session: Sensex, Nifty seen opening higher; Future Retail and Shoppers Stop in focus 06/10/2017

Pre Session: Sensex, Nifty seen opening higher; Future Retail and Shoppers Stop in focus
06/10/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND  : SELL ZONE

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Indian benchmark indices are likely to open higher on Friday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across global peers. Markets across Asia were trading mostly higher as investors cheered robust US economic data and optimism over President Donald Trump’s tax reform plan. In the overnight trade, the Wall Street ended higher as market sentiments were supported by strong economic data and progress on tax overhaul programme. Back home, bullish trend in the SGX Nifty Index Futures for October delivery, which were trading at 9,931.50, up by 11.00 points.

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