Pre Session: Flat to positive opening seen for Sensex, Nifty; Ruchi Soya, Binani Ind in focus 21/03/2018

Pre Session: Flat to positive opening seen for Sensex, Nifty; Ruchi Soya, Binani Ind in focus
21/03/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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The Indian equities are likely to open flat to higher on Wednesday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across the Asian markets. Overseas, markets across Asia were trading higher with moderate gains, with Japan markets closed for the vernal equinox, as caution prevailed in the market as the Federal Reserve is expected to raise rates for the first time this year at the end of its meeting today. In the overnight trade, Wall Street ended higher after Monday’s tech sell-off, lifted the energy sector, but Facebook shares slumped amid a data scandal. Back home, bullish trend in the SGX Nifty Index Futures for March delivery, which was trading at 10,169.00, up by 11.00 points.

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