Pre Session: Bears likely to grip on Dalal street; Sensex, Nifty seen opening in red
05/02/2018
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
The mayhem on Dalal Street is likely to continue on Monday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across global markets, as budget blues gripped the domestic market following the return of the long term capital gains (LTCG) tax on equities in the Budget. Overseas, markets across Asia were trading lower after Wall Street fell sharply on Friday amid rising bond yields and fear that the Fed could hike interest rates earlier than expected due to the tighter labor market. Back home, bearish trend in the SGX Nifty Index Futures for February delivery, which were trading at 10,584.50, down by 134.00 points.
05/02/2018
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The mayhem on Dalal Street is likely to continue on Monday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across global markets, as budget blues gripped the domestic market following the return of the long term capital gains (LTCG) tax on equities in the Budget. Overseas, markets across Asia were trading lower after Wall Street fell sharply on Friday amid rising bond yields and fear that the Fed could hike interest rates earlier than expected due to the tighter labor market. Back home, bearish trend in the SGX Nifty Index Futures for February delivery, which were trading at 10,584.50, down by 134.00 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
