Pre Session: Gap down opening seen for Sensex, Nifty; Ambuja Cements, PVR Q4 eyed 04/05/2018

Pre Session: Gap down opening seen for Sensex, Nifty; Ambuja Cements, PVR Q4 eyed
04/05/2018
NIFTY FUT  TREND           : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices are likely to bell the day in negative terrain on Friday, tracking bearish trend in Nifty futures on the Singapore Stock Exchange and volatile trend across the global markets. Overseas, Asian stocks were trading mixed as investors awaited US payrolls data. In the overnight trade, Wall Street ended lower as disappointing earnings reports from several companies offset strong economic data, Reuters reported. Back home, negative trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,658.00, down 48.50 points.

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