Nifty-Sensex-Pre Market Report : 28.01.2019
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Pre Session: Sensex likely to open positive; Zee TV, L&T in focus
28/01/2019 08:45
Indian benchmark indices are likely to open positive on Monday. Asian stocks advanced on Monday as Wall Street rallied after a deal was announced to reopen the US government following a prolonged shutdown that had shaken investor sentiment. The shutdown had left investors anxious and frustrated as it came at a time of heightened worries over slowing global growth, signs of stress in corporate earnings and a still unresolved Sino-U.S. trade war. Oil prices fell on Monday after US energy firms added rigs for the first time this year in a sign that crude production there will rise further. The rupee weakened 10 paise to close at 71.17 against the US dollar amid increasing demand for the greenback from exporters and heavy selling in domestic equities. Back home, bullish trends in the SGX Nifty Index Futures for January delivery, were trading at 10,812.50 up by 18.00.
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