Pre Session: Positive opening on cards for Sensex, Nifty; Cyient and Karnaraka Bank in focus 12/07/2018

Pre Session: Positive opening on cards for Sensex, Nifty; Cyient and Karnaraka Bank in focus
12/07/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian equity markets may open higher on Thursday, tracking bullish trend across SGX Nifty Index Futures and mixed cues across other Asian markets. Overseas, Asian stocks were trading mixed, mirroring weakness at Wall Street in overnight trade, as investor weighed ongoing trade war between US and China. In a fresh development, China’s commerce ministry has termed the US actions “completely unacceptable” and threatened to file complain to the World Trade Organisation, Reuters reported. Back home, bullish trends in the SGX Nifty Index Futures for July delivery, which were trading at 10,979.50, up by 32.00 point.

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