Pre Session: Flat opening on cards for Sensex, Nifty; RCOM shares in focus 29/12/2017

Pre Session: Flat opening on cards for Sensex, Nifty; RCOM shares in focus
29/12/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices are likely to open flat with negative bias on the first trading day of January futures and options (F&O) contracts, tracking muted cues from Nifty futures on the Singapore Stock Exchange and soft trend across global peers. Overseas, markets across Asia were trading higher ahead of New-Year holidays after Wall Street ended marginally higher in overnight trade, led by gains in real estate and utilities stocks. Back home, flat trend in the SGX Nifty Index Futures for January delivery, which were trading at 10,504.50, down by 4.00 points.

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