Pre Session: Gap up opening seen for Sensex, Nifty; Axis Bank, Unitech shares in focus 11/12/2017

Pre Session: Gap up opening seen for Sensex, Nifty; Axis Bank, Unitech shares in focus
11/12/2017
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian benchmark indices are likely to open higher on Friday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were trading mixed as investors remained cautious ahead of policy decisions from central banks in the US, UK and European Union later this week, this week. The market participants also remained wary as bitcoin extended rally and prices jumped back above USD 15,000. On Friday, Wall Street ended higher on Friday amid gain in technology stocks and robust economic data which showed that the US employers added higher-than-expected job in November. Back home, bullish trend in the SGX Nifty Index Futures for December delivery, which were trading at 10,317.50, up by 28 points.

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