Thursday 24 September 2015

Nifty Likely To Open Weak, F&O Expiry To Add Volatility

Posted by suhani varma on Thursday, September 24, 2015 with No comments

The domestic stock market is likely to open weak and remain volatile on Thursday amid the expiry of September series futures and options contracts.

The US market closed on a tepid note in overnight trade, with Dow Jones Industrial Average ending 50 points, or 0.31 per cent, lower at 16,279. Most Asian markets got off to a cautious start on Thursday after more dour economic news from China and the United States.

The SGX Nifty futures were trading with losses in Singapore, signalling a gap-down opening for the domestic market.

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