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Pre Session: Soft opening on cards for Sensex, Nifty; Ashok Leyland, OBC Q2 in focus 08/11/2017

Pre Session: Soft opening on cards for Sensex, Nifty; Ashok Leyland, OBC Q2 in focus
08/11/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND  : SELL ZONE

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Indian benchmark indices are likely to open flat to lower on Wednesday, tracking muted cues from Nifty futures on the Singapore Stock Exchange and soft trend across global peers. Markets across Asia were trading flat as investors weighed disappointing corporate earnings. In the overnight trade, the Wall Street ended mixed after a disappointing profit forecast from Priceline and a drop in financials, Reuters reported. Back home, flat trend in the SGX Nifty Index Futures for November delivery, which were trading at 10,410.50, down by 0.50 points.

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