Report-On-Nifty-Outlook-of-05/03/2015

Bank Nifty Index opened Gap up at 20541.65 with +618.10 points from the previous day closing at 19923.55 and closed negative at 19643.90. Bank Index opened with day high of 20541.65 and slipped down, near closing of the market Bank Index traded with day low of 19555.10 and closed negative at 19643.90 with -1.40%, -279.65 points down. At the end of the market day Bank Nifty futures Loosed -1.99%, -401.15 points down to close at -19720.00 from the previous day closing at 20121.15 with premium of +76.10 points and percent change in open interest of +20.26%.