Pre Session: Gap up opening seen for Sensex, Nifty; RBI policy outcome eyed 07/02/2018

Pre Session: Gap up opening seen for Sensex, Nifty; RBI policy outcome eyed
07/02/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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The Indian benchmarks are likely to open higher on Wednesday, tracking bullish cues from Nifty futures on the Singapore Stock Exchange and recovery in global markets, following massive losses reported in the last session. Overseas, markets across Asia were trading higher after Wall Street rebounded strongly in overnight trade as investor injected fund in some of the most beaten-down sectors. Back home, bullish trend in the SGX Nifty Index Futures for February delivery, which were trading at 10,610.00, up by 114.50 points.

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