Pre Session: Soft opening on cards for Sensex, Nifty; power stocks in focus 07/03/2018

Pre Session: Soft opening on cards for Sensex, Nifty; power stocks in focus
07/03/2018
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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The Indian equities are likely to open flat to lower on Wednesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across the global markets. Overseas, markets across Asia were trading lower after Wall Street ended flat in overnight trade amid fears that fears that US President Donald Trump would go ahead with tariff hike on imports, which would led to trade war. Back home, bearish trend in the SGX Nifty Index Futures for February delivery, which was trading at 10,224.50, down by 7.50 points.

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