Nifty-Sensex-Pre Market Report : 30.05.2019
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Pre Session: Sensex, Nifty seen flat opening; ONGC, Coal India shares in focus
30/05/2019 08:43
The Indian benchmark indices are likely to start on a flat note on Thursday as trends on SGX Nifty indicate a flat to negative opening for the broader index in India. Asian stocks tracked Wall Street losses on Thursday as rhetoric from Beijing and Washington over trade matters kept alive investor concerns about the tariff war’s impact on global economic growth. US stocks fell on Wednesday, with the S&P 500 and Nasdaq closing just above key support levels, as worries that a lengthy US-China trade war would crimp global growth pushed investors into the safety of government bonds. Oil prices climbed on Thursday after an industry report showed a decline in US crude inventories that exceeded analyst expectations. Back home, bullish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,868.00, up by 4.00 points.
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