FEB04,2015NIFTY-DAILY-ANALYSIS

Bank Nifty Index opened with day high of 19963.70 and due to RBI’s Credit Policy we saw hyper movement in Bank Nifty and near closing of the market Bank Nifty made a day low of 19303.50 and closed negative at 19382.95 with -2.43%, -482.95 points down. The full day Bank Nifty Index traded between 19963.70-19303.50. At the end of the market day Bank Nifty futures Loosed -2.75%, -551.30 points down to close at 19500.80 from the previous day closing at 20052.10 with premium of +117.85 points and percent change in open interest of +9.71%.