Nifty-Sensex-Pre Market Report : 13.05.2019
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Pre Session: Sensex, Nifty seen negative opening; HDFC, ITC in focus
13/05/2019 08:31
The domestic benchmark indices look set to open lower amid tepid global cues, ahead of domestic inflation reading for April on Monday as the US-China trade deal negotiations is expected to weigh down. US stock futures fell, and Asian shares slipped in early trade on Monday on growing uncertainty over whether the United States and China will be able to reach a deal to end their trade war after Washington sharply hiked tariffs. US stocks rebounded from early losses on Friday to snap a four-day losing streak after US President Donald Trump and Treasury Secretary Steven Mnuchin said trade talks between the United States and China were “constructive.” Back home, bearish trends in the SGX Nifty Index Futures for May delivery, which were trading at 11,250.50, down by 33.00 points.
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