Nifty-Sensex-Pre Market Report : 13.06.2019
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Pre Session: Sensex, Nifty to open negative; TCS shares in focus
13/06/2019 08:40
The Indian benchmark indices are likely to open negative on Thursday as the US and China trade war dampens the global investment sentiment. Asian shares stuttered amid the uncertainty over an intractable US-China trade dispute, while oil prices steadied with five-month lows on the back of a further buildup in US crude stockpiles and worries about lower demand growth. Wallstreet stocks ended lower during the overnight trade on Wednesday with bank stocks declining as prospects of a US interest rate cut rose and energy shares tumbling along with oil prices. Back home, bearish trends in the SGX Nifty Index Futures for June delivery, which were trading at 11,898.00 down by 27.50 points.
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