Nifty-Sensex-Pre Market Report : 26.04.2019
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Pre Session: Sensex, Nifty seen flat opening; Tata Steel shares in focus
26/04/2019 08:39
The Indian benchmark indices are likely to open on a flat to positive note on Friday taking cues from movement of crude oil prices and Q4 earnings of various companies, also the trends on SGX Nifty indicate a flat to positive opening for the broader index in India. Asian shares witnessed a subdued start on Friday ahead of US’ GDP numbers and “extremely low” interest rate maintained by Japan. The East-Asian country’s central bank announced short-term interest rate target at minus 0.1 per cent and that of long-term yields around zero per cent till Spring 2020. Oil prices dipped on Friday on expectations that producer club OPEC will soon raise output to make up for a decline in exports from Iran following a tightening of sanctions by the United States against Tehran. Back home, bullish trends in the SGX Nifty Index Futures for April delivery, which were trading at 11,737.50, up by 7.00 points.
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