Nifty Future is opening gap up by 50 points against yesterday’s close 10551 as indicated by SGX Nifty which is currently trading at 10585, says Dynamic Levels.
Dynamic Levels' Market Outlook:
The Indian benchmark Index Nifty yesterday closed with modest gains of 45 points or 0.42%, the Index opened higher by taking cues from global market, but shed gains in the afternoon trades amid volatility due to Bank Nifty weekly expiry and PNB fraud which drag the market down from its high.
The Index opened higher at 10538 and made an intraday high of 10618 but witnessed selling pressure in late afternoon to close at 10546 after making a low of 10511.
The Cash Market Benchmark Index, Small Cap yesterday tanks down by 130 points or 1.52 percent from its previous close. The Index open at 8625 and closed at 8444 making a low of 8412.
Nifty Future is opening gap up by 50 points against yesterday’s close 10551 as indicated by SGX Nifty which is currently trading at 10585.
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