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Nifty-Sensex-Pre Market Report : 18.03.2019

Nifty-Sensex-Pre Market Report : 18.03.2019
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Pre Session: Sensex, Nifty to open positive; SpiceJet shares in focus
18/03/2019 08:35
Indian benchmark indices are likely to open on a positive note on Monday as trends on SGX Nifty indicate a positive opening for the broader index in India. Asian share markets crept ahead on Monday while bonds were in demand globally on speculation the US Federal Reserve will sound decidedly dovish at its policy meeting this week. On the global front, the Federal Reserve's two-day policy meeting will end on Wednesday. The US central bank will also release new forecasts for economic growth and interest rates. Oil prices dipped early on Monday, weighed down by concerns that a global economic downturn may dent fuel consumption. Rising for the fifth straight session, the rupee Friday jumped 24 paise to close at 69.10 against the US dollar on sustained foreign fund inflows and heavy buying in domestic equities. Back home, bullish trends in the SGX Nifty Index Futures for March delivery, which were trading at 11,508.00, up by 34.00 points.


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