Pre Session: Gap down opening seen for Sensex, Nifty; TCS, NTPC shares in focus 20/04/2018

Pre Session: Gap down opening seen for Sensex, Nifty; TCS, NTPC shares in focus
20/04/2018
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian equities are likely to open in negative terrain on Friday, tracking bearish cues from Nifty futures on the Singapore Stock Exchange and weak trend across the Asian markets. Overseas, Asian stocks were trading lower amid sluggish outlook for technology sector, while soaring oil prices raises inflation fears. In the overnight night trade, Wall Street ended lower led by decline in tobacco and technology stocks. Back home, bearish trend in the SGX Nifty Index Futures for April delivery, which was trading at 10,544.00, down 44 points.

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