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Pre Session: Sensex, Nifty seen opening lower with Italy in focus 30/05/2018

Pre Session: Sensex, Nifty seen opening lower with Italy in focus
30/05/2018
NIFTY FUT  TREND           : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices may open lower on Wednesday, tracking negative trend in Nifty futures on the Singapore Stock Exchange and weak cues from the global markets. Overseas, Asian stocks were trading lower, mirroring weakness in US and European markets, as investor sentiment were spooked by political crisis in Italy. In the overnight trade, Wall Street ended lower as investors weighed looming early elections loomed in Italy, while trade uncertainty between the United States and China also dented market sentiment. Back home, bearish trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,552.00, down by 74.50 points.

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