Nifty-Sensex-Pre Market Report : 10.05.2019
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Pre Session: Sensex, Nifty to open flat; Eicher Motors shares in focus
10/05/2019 08:43
The Indian benchmark indices are likely to open flat to negative on Friday as trends on SGX Nifty indicate a negative opening for the broader index in India. Asian shares inched up from two-month lows on Friday just hours ahead of the Trump administration’s plan to raise tariffs on Chinese imports as investors looked to whether negotiators from the two countries can clinch a deal to avert the hike. Wall Street’s main indexes fell on Thursday ahead of critical trade negotiations between the United States and China, though they pared losses significantly after US President Donald Trump said reaching a deal this week was possible. Back home, bearish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,335.50, down by 6.50 points.
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