Pre Session: Gap-down opening seen for Sensex, Nifty; RBI policy eyed
05/10/2018
Indian equities may open lower on Friday, tracking bearish trends in SGX Nifty Index Futures and weak cues from global peers. Overseas, the Asian stocks were trading mostly lower, mirroring weakness at Wall Street in overnight trade, as robust US economic data raised the risk of faster-than-expected interest rate hike. Traders will keep a close eye on Friday’s monthly US payrolls report which will gauge the health of the American economy and will give some indication about Federal Reserve’s future course of action. Back home, bearish trends in the SGX Nifty Index Futures for October delivery, which were trading at 10,552, down by 52 points.
05/10/2018
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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Indian equities may open lower on Friday, tracking bearish trends in SGX Nifty Index Futures and weak cues from global peers. Overseas, the Asian stocks were trading mostly lower, mirroring weakness at Wall Street in overnight trade, as robust US economic data raised the risk of faster-than-expected interest rate hike. Traders will keep a close eye on Friday’s monthly US payrolls report which will gauge the health of the American economy and will give some indication about Federal Reserve’s future course of action. Back home, bearish trends in the SGX Nifty Index Futures for October delivery, which were trading at 10,552, down by 52 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
