Nifty-Sensex-Pre Market Report : 17.06.2019
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Pre Session: Sensex, Nifty to open flat; Lupin shares in focus
17/06/2019 08:42
The Indian benchmark indices are likely to open flat on Monday tracking losses in Asian peers; the trends on SGX Nifty also indicate a flat opening for the broader index in India. Asian shares got off to a shaky start on Monday as investors were cautious ahead of a closely-watched Federal Reserve meeting, while political tensions in the Middle East and Hong Kong kept risk-appetite in check. US stocks ended lower on Friday as investors were cautious going into next week's Federal Reserve meeting, while a warning from Broadcom of a broad weakening in global demand weighed on chipmakers and added to US-China trade worries. Back home, bearish trends in the SGX Nifty Index Futures for June delivery, which were trading at 11,825.50 down by 5.50 points.
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