Pre Session: Markets may open higher amid mixed Asian cues
12/04/2018
The Indian benchmark indices are set to open higher on Thursday amid mixed cues from other Asian peers.
The Asian markets have opened on a mixed note as the threat of imminent US military action in Syria rattled investors, while Wall Street closed lower in the previous trading session as possible US military action against Syria stoked investor concerns about geopolitical risk and minutes from the Federal Open Market Committee sparked worries about a more hawkish view on interest-rate increases.
On the economy front, the markets may react to a report that Indian retail inflation was expected to have eased to a five-month low in March as increases in food prices slowed once again but remained above the central bank’s medium-term target.
Also, in order to make REITs and InvITs more attractive, markets regulator Securities and Exchange Board of India (SEBI) said that they will have to provide a mechanism for resolution of disputes with their shareholders and partners in the holding company.
With the start of the Q4 earnings season, 4 companies are likely to report their March quarter numbers including Emmsons International, Reliance Industrial Infrastructure, Sanghi Corporate Services and VST Industries.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,442.50, up by 24.50 point.
12/04/2018
NIFTY FUT TREND : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE
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The Indian benchmark indices are set to open higher on Thursday amid mixed cues from other Asian peers.
The Asian markets have opened on a mixed note as the threat of imminent US military action in Syria rattled investors, while Wall Street closed lower in the previous trading session as possible US military action against Syria stoked investor concerns about geopolitical risk and minutes from the Federal Open Market Committee sparked worries about a more hawkish view on interest-rate increases.
On the economy front, the markets may react to a report that Indian retail inflation was expected to have eased to a five-month low in March as increases in food prices slowed once again but remained above the central bank’s medium-term target.
Also, in order to make REITs and InvITs more attractive, markets regulator Securities and Exchange Board of India (SEBI) said that they will have to provide a mechanism for resolution of disputes with their shareholders and partners in the holding company.
With the start of the Q4 earnings season, 4 companies are likely to report their March quarter numbers including Emmsons International, Reliance Industrial Infrastructure, Sanghi Corporate Services and VST Industries.
Positive trends in the SGX Nifty Index Futures for April delivery, which were trading at 10,442.50, up by 24.50 point.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
