Nifty-Sensex-Pre Market Report : 07.05.2019

Nifty-Sensex-Pre Market Report : 07.05.2019
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Pre Session: Sensex, Nifty seen positive opening; ICICI Bank shares in focus
07/05/2019 08:32
The domestic benchmark indices are likely to open on a positive note on Tuesday as trends on SGX Nifty indicate a positive opening for the broader index in India. Asian shares wallowed near five-week lows on early Tuesday after US President Donald Trump’s threat to raise tariffs re-ignited worries about US-China trade tensions while Japan’s Nikkei opened down after a 10-day break. US stocks fell on Monday after President Donald Trump pledged to raise tariffs on Chinese goods, though Wall Street finished well off its session lows as some investors saw Trump’s comments as a bargaining tactic and expressed confidence in an eventual trade agreement. Back home, bullish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,690.50, up by 34.00 points.


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