NIFTY ANALYSIS OF 06/02/2015

Bank Nifty Index opened down at 19170.15 with -3.85 points from the previous day closing at 19174.00 and closed negative at 19051.90. From the opening we saw continuous buying in Bank Nifty Index and near 2 o’clock Bank Index traded with day high of 19444.65 but till closing Bank Index slipped down with continuous selling and closed negative at 19051.90 with day low of 18977.90 with -0.64%, -122.10 points down. At the end of the market day Bank Nifty futures Loosed -0.70%, -135.85 points down to close at 19148.85 from the previous day closing at 19284.70 with premium of +96.95 points and percent change in open interest of -7.47%.