Pre Session: Markets may open flat amid mixed global cues
23/11/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
The Indian benchmark indices are set to open marginally higher on Thursday amid mixed cues from other global peers.
The Asian markets have opened on a flat note mirroring a quiet overnight session on Wall Street, while Wall Street closed mixed in the previous trading session with telecom services shares among the biggest movers.
On the economy front, the Cabinet approved wage revision for central public sector enterprises (CPSEs). The Cabinet also approved setting up of 15th Finance Commission. However, till 2020 recommendations of the last Finance Commission will be considered.
Also, the trade deficit has risen to USD 88 billion between April and October, up 60 percent from the comparable period a year ago due to weak exports and a sharp rise in imports.
Also, markets may react to the minutes of the US central bank’s last policy meeting as many Federal Reserve policymakers expect that interest rates will have to be raised in the near term.
Positive trends in the SGX Nifty Index Futures for November delivery, which were trading at 10,368, up by 14.50 points.
23/11/2017
NIFTY FUT TREND : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE
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The Indian benchmark indices are set to open marginally higher on Thursday amid mixed cues from other global peers.
The Asian markets have opened on a flat note mirroring a quiet overnight session on Wall Street, while Wall Street closed mixed in the previous trading session with telecom services shares among the biggest movers.
On the economy front, the Cabinet approved wage revision for central public sector enterprises (CPSEs). The Cabinet also approved setting up of 15th Finance Commission. However, till 2020 recommendations of the last Finance Commission will be considered.
Also, the trade deficit has risen to USD 88 billion between April and October, up 60 percent from the comparable period a year ago due to weak exports and a sharp rise in imports.
Also, markets may react to the minutes of the US central bank’s last policy meeting as many Federal Reserve policymakers expect that interest rates will have to be raised in the near term.
Positive trends in the SGX Nifty Index Futures for November delivery, which were trading at 10,368, up by 14.50 points.
Free Intraday Tips : Join Our Whatsapp No : 9841986753
Free Commodity Tips : Join our Whatsapp No : 9094047040
