Tuesday, 30 January 2018

Nifty Likely To Open Gap Down By 27 Points

Posted by suhani varma on Tuesday, January 30, 2018 with No comments



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Nifty Future is opening gap down by 27 points against yesterday’s close 11138 as indicated by SGX Nifty which is currently trading at 11,111, says a reportThe Indian Benchmark Index Nifty hit fresh record high after the Economic Survey tabled by Finance Minister Arun Jaitley in Parliament yesterday predicted real GDP growth to rise to 7-7.5 percent in 2018-19.

The Index opened at 11079 and closed at 11130 after making a high of 11172.The Index was up by 60 points or 0.55 percent. However the Cash Market Benchmark Index, Small Cap has underperformed Nifty and was down by 155 points or 1.68 percent. As there is a big divergence in the performance of Nifty and small cap Index we suggest our clients to be cautious until and unless both the Index align in the same line.

Nifty Future is opening gap down by 27 points against yesterday’s close 11138 as indicated by SGX Nifty which is currently trading at 11111.

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