Pre Session: Market seen opening flat on weak macro data; Bharti Airtel shares in focus 13/12/2017

Pre Session: Market seen opening flat on weak macro data; Bharti Airtel shares in focus
13/12/2017
NIFTY FUT  TREND            : SELL ZONE
BANKNIFTY FUT TREND : SELL ZONE

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Indian benchmark indices are likely to open flat on Wednesday, tracking soft cues from Nifty futures on the Singapore Stock Exchange and mixed trend across global peers. Markets across Asia were trading flat ahead of release of policy statement from the US Federal Reserve's Federal Open Market Committee (FOMC). The market experts opined that the US central bank will hike interest rates for the third time this year. In the overnight trade, Wall Street ended at record higher led by gains in financial stocks amid speculation over cut in US corporate taxes after robust inflation data. Back home, muted trend in the SGX Nifty Index Futures for December delivery, which were trading at 10,245.50, down by 11 points.

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