Pre Session: Sensex, Nifty seen opening lower on trade war fear; Motherson Sumi in focus 03/04/2018

Pre Session: Sensex, Nifty seen opening lower on trade war fear; Motherson Sumi in focus
03/04/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian equities are likely to bell the day in negative terrain on Tuesday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across the Asian markets. Overseas, Asian stocks were trading lower after China imposed extra tariffs on 128 US products, escalating trade war between the world’s two biggest economies. In the overnight night trade, Wall Street tumbled as investor sentiments were spooked by resurgent trade war worries. Back home, bearish trend in the SGX Nifty Index Futures for April delivery, which was trading at 10,209.00, down 55.50 points.

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