Pre Session: Flat opening seen for Sensex, Nifty; ICICI Bank Q4 eyed 07/05/2018

Pre Session: Flat opening seen for Sensex, Nifty; ICICI Bank Q4 eyed
07/05/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian benchmark indices are likely to open flat to higher on Monday, tracking muted trend in Nifty futures on the Singapore Stock Exchange and mixed trend across the global markets. Overseas, Asian stocks were trading mixed as investors weighed China-US trade tensions and a fear of sanction against Iran as deadline for the nuclear deal with US inches closer. On Friday, Wall Street ended higher in choppy trade, as gains in technology shares offset losses caused due to weak April jobs report. Back home, muted trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,678.50, up 11.50 points.

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