Pre Session: Sensex, Nifty seen opening higher; STC, Bharti Airtel in focus 12/03/2018

Pre Session: Sensex, Nifty seen opening higher; STC, Bharti Airtel in focus
12/03/2018
NIFTY FUT  TREND            : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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The Indian equities are likely to open higher on Monday, tracking firm cues from Nifty futures on the Singapore Stock Exchange and positive trend across the Asian markets. Overseas, markets across Asia were trading higher as investor cheered US job data and lower-than-expected wage growth which eased fears about the Federal Reserve's rate hike trajectory. On Friday, Wall Street ended higher after US President Donald Trump signed proclamations to levy tariffs of 25 percent on steel import and 10 percent on aluminum, but he left the door opened for potential exemptions. Back home, bullish trend in the SGX Nifty Index Futures for March delivery, which was trading at 10,338.50, up by 125 points.

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