Nifty-Sensex-Pre Market Report : 19.06.2019
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Pre Session: Sensex, Nifty to open positive; Sundaram Multi Pap shares in focus
19/06/2019 08:33
The Indian benchmark indices are likely to open higher amid positive global sentiments on the back of a potential trade truce between the US and China. Asian share markets rose on Wednesday as investors hoped that the Federal Reserve would follow the lead of the European Central Bank and open the door to future rate cuts at its policy meeting later in the day. On Wall Street, indices surged during the overnight trade and touched a record high on hopes of progress in Sino-US trade dialogues. US and China are rekindling trade talks ahead of a meeting next week between Presidents Donald Trump and Xi Jinping, cheering financial markets with hope that an escalating trade war between the two countries would abate. Back home, bullish trends in the SGX Nifty Index Futures for June delivery, which were trading at 11,758.00 up by 46.00 points.
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