Pre Session: Sensex, Nifty seen opening lower as Trump exits Iran deal 09/05/2018

Pre Session: Sensex, Nifty seen opening lower as Trump exits Iran deal
09/05/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Snapping two-day gaining streak, Indian benchmark indices are likely to open lower on Wednesday, tracking bearish trend in Nifty futures on the Singapore Stock Exchange and negative trend across the global markets. Overseas, Asian stocks were trading mostly lower, mirroring flat closing of Wall Street in overnight trade, after US President Donald Trump on Tuesday called off nuclear deal with Iran and announced to re-impose economic sanctions on Iran. Back home, bearish trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,717.00, down 24.00 points.

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