Pre Session: Markets may open higher on positive Asian cues
10/04/2018
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices are set to open higher on Tuesday amid strong cues from other Asian peers.
The Asian markets have opened on a positive note as trade fears faded slightly in the last session, while Wall Street closed higher in the previous trading session as a softer stance by U.S. policymakers on China tariffs powered a rebound from last week’s selloff.
On the IPO front, non-banking finance company, IndoStar Capital Finance has received markets regulator Sebi's go-ahead to raise an estimated Rs 2,000 crore through initial public offering (IPO). In order to facilitate small and medium sized trading members, Securities and Exchange Board of India (Sebi) has also asked stock exchanges to introduce ‘managed co-location services’, wherein space will be provided to vendors along with technical knowhow and other expertise.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,426, up by 33 points.
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