Pre Session: Markets may open higher amid mixed Asian cues 03/08/2018

Pre Session: Markets may open higher amid mixed Asian cues
03/08/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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The Indian benchmark indices are set to open higher on Friday amid mixed cues from other Asian peers.

The Asian markets have opened on a mixed note as investors there parsed through stronger-than-expected corporate earnings, while Wall Street closed higher in the previous trading session as solid earnings boosted technology stocks.

On the economy front, the markets may react to a report that Real interest rates in India may drop by more than 150 basis points over the next decade

On the corporate front, 82 companies will report their results for the quarter ended June on Friday which include companies like Berger Paints, Bharat Gears, Den Networks, JBF Industries, Bank of Maharashtra, Manglam Cement, Nestle India, SAIL, Shipping Corp, SJVN, Titan Company, and VIP Industries among others.

Positive trends in the SGX Nifty Index Futures for August delivery, which were trading at 11,320.50, up by 42.50 point.
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