Apr 30, 2018 09:10 AM IST | Source: Moneycontrol.com

Nifty likely to open on positive note, gain 46 points: Dynamic Levels

Nifty Future is opening gap up by 46 points against Friday’s close of 10,724 as indicated by SGX Nifty which is currently trading at 10,770, says a report by Dynamic Levels.

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Dynamic Levels' Market Outlook:

The Indian benchmark index Nifty started with a positive tune in the current expiry. The Index gained 74 points on Friday, the first day of the May 2018 clearing.

The big players in the market, FII and PRO in combined have made buy position of 43032 contracts in Index Options last day. Their combined net position is 28690 now.

The cash market Benchmark index Small Cap also moved up 41 points on Friday.

The Morgan Stanley Emerging Market Index made a recent low of 1137 on 25th April and is currently trading at 1165.

Nifty Future is opening gap up by 46 points against Friday’s close of 10,724 as indicated by SGX Nifty which is currently trading at 10,770.

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