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Pre Session: Gap up opening on cards for Sensex, Nifty; SBI, GAIL in focus 12/02/2018

Pre Session: Gap up opening on cards for Sensex, Nifty; SBI, GAIL in focus
12/02/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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The Indian benchmarks are likely to open higher on Monday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trend across the global markets. Overseas, markets across Asia were trading mixed after strong rally in the US stocks on Friday. In line with equity markets, oil prices rebounded on Monday, recovering from steep losses last week, as steady stock markets soothed investor sentiment. Back home, bullish trend in the SGX Nifty Index Futures for February delivery, which was trading at 10,490.00, up by 33 points.

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