Pre Session: Gap up opening seen for Sensex, Nifty; ICICI Bank shares in focus 08/05/2018

Pre Session: Gap up opening seen for Sensex, Nifty; ICICI Bank shares in focus
08/05/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian benchmark indices are likely to open higher on Tuesday, tracking firm trend in Nifty futures on the Singapore Stock Exchange and positive trend across the global markets. Overseas, Asian stocks were trading higher as investors cheered upbeat earnings report, while uncertainty over nuclear deal between the US and Iran raised concerns about crude supply. In the overnight trade, Wall Street ended higher led by gains in technology shares as Apple extends rally for the sixth straight session. Back home, firm trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,767.50, up 21.50 points.

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