Nifty Futures Tips – Nifty futures opened up at 8095.15 with +48.15 point from the previous day closing at 8047.00. From the opening we saw continuous buying in Nifty, Nifty opened gap up with day low of 8042.10 and moved up, near closing of the market Nifty Futures made a day high of 8127.00 and closed positive at 8079.5 with +0.40%, +32.05 points up. And the full day Nifty Index traded between 8127.00-8042.10. At the end of the day Nifty futures Gained +0.40%, +32.05 points up to close at +8079.05 from the previous day closing at 8047.00 with discount of 12.50 points and percent change in open interest of +0.61%.
Nifty added 65.95 points or 0.82 percent at 8157.50. and Sensex reached 265.47 pts or 0.99 % to 27098.13.Approximately 1413 shares have advanced, 679 shares declined, & 130 shares are unchanged on the BSE. The rupee obtained 24 paise at 63.86 a dollar after Federal Reserve kept interest rate unchanged.
Foreign Institutional Investor's views - Lack of authentic high-frequency economic indicators, fiscal consolidation and weak results led to a slowdown in the economy in the past few quarters. But now green shoots are emerging with both at the state & Central government, showing willingness to spend, statements said by the, Head of Equities (India).
Nifty Futures Tips