Pre Session: Sensex, Nifty seen opening higher; Tata Motors in focus 24/05/2018

Pre Session: Sensex, Nifty seen opening higher; Tata Motors in focus
24/05/2018
NIFTY FUT  TREND           : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices are likely to open higher on Thursday, tracking weak trend in Nifty futures on the Singapore Stock Exchange and negative trend across the global markets. Overseas, Asian stocks were trading lower as investors weighed failed trade talks between the United States and China, adding uncertainty over global trade negotiations. In the overnight trade, Wall Street ended higher after minutes from the Federal Reserve’s May 1-2 meeting indicated that the central bank would not raise interest rates aggressively. Back home, bullish trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,464, up by 43 points.

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