Monday, 29 January 2018

Nifty Likely To Open Gap Up By 10 Points

Posted by suhani varma on Monday, January 29, 2018 with No comments



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Nifty Future is opening gap up by 10 points against Thursday's close 11105 as indicated by SGX Nifty which is currently trading at 11115,The Indian Benchmark Index Nifty has showed sign of profit booking on Thursday trade as the major player FII and PRO have squared of 194631 contracts and have carry forwarded only 82269 contracts for the next expiry The Index opened at 10883 and closed 11070 after making a high of 11110.The Index was up by 176 points or 1.61 percent.

The Cash Market Benchmark Index Small Cap has underperformed nifty and was down by 57 points or 0.61 percent on weekly basis. On Thursday IT, Chemicals and Auto Mobile & Auto parts were the sector which performed well.

Nifty Future is opening gap up by 10 points against Thursday's close 11105 as indicated by SGX Nifty which is currently trading at 11115.

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