Pre Session: Flat opening on cards for Sensex, Nifty; Karnataka election results eyed 15/05/2018

Pre Session: Flat opening on cards for Sensex, Nifty; Karnataka election results eyed
15/05/2018
NIFTY FUT  TREND           : BUY ZONE
BANKNIFTY FUT TREND : BUY ZONE

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Indian benchmark indices are likely to see muted opening on Tuesday, tracking flat trend in Nifty futures on the Singapore Stock Exchange and cautious trading across the Asian markets, ahead of Karnataka election results due today. The equity market may witness volatility as early trends show a hung assembly in Karnataka. Overseas, Asian stocks were trading flat after Wall Street ended marginally higher in overnight trade as traders remained focused on US-China trade talk ahead of second round of negotiations expected this week. Back home, muted trend in the SGX Nifty Index Futures for May delivery, which were trading at 10,794, down 0.15 points.

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