Pre Session: Soft opening seen for Sensex, Nifty; Reliance Nippon AMC in focus 06/11/2017

Pre Session: Soft opening seen for Sensex, Nifty; Reliance Nippon AMC in focus
06/11/2017
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND  : BUY ZONE

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Indian benchmark indices are likely to open lower on Monday, tracking weak cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were trading mostly lower as investors digested earnings reports, while caution prevailed as US President Donald Trump began his Asian tour. On Friday, the Wall Street ended higher amid strong earnings report. Back home, weak trend in the SGX Nifty Index Futures for November delivery, which were trading at 10,426.50, down by 59.5 points.

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