Domestic benchmark equity indices are likely to see a muted opening on Thursday, tracking muted trend seen in other Asian markets. Tracking the momentum, the index may retest its crucial psychological level of 8,150 levels.
However, after the initial dip, the index should be able to recoup losses and head higher. At 08:00 A.M., Nifty India stock futures in Singapore were trading 6.50 points lower at 8,192 indicating a lower opening on the domestic market.
The 30-pack Sensex ended above the 27,000 mark on Wednesday while Nifty settled at 8,177. Provisional data available on the BSE website showed foreign portfolio investors (FPI) were net sellers to the tune of Rs 50 crore on Wednesday.
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