Pre Session: Flat opening on cards for Sensex, Nifty; auto stocks in focus 02/07/2018

Pre Session: Flat opening on cards for Sensex, Nifty; auto stocks in focus
02/07/2018
NIFTY FUT  TREND           : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian equities may open flat on Monday, the first trading day of the second half of the year, tracking muted trend across SGX Nifty Index Futures and mixed trend across other Asian markets, as investor may weigh falling rupee and escalating trade tension between the US and China. Overseas, Asian stocks were trading mixed as acceleration in trade tariff spooked investor sentiment. Meanwhile, markets in Hong were closed for a holiday. Back home, bearish trends in the SGX Nifty Index Futures for July delivery, which were trading at 10,686.50, down by 5.50 point.

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