Indian Benchmark Index Nifty shares hit new record highs last week, on hopes of good southwest monsoon rain, robust monthly sales figures from automakers and positive global cues helping investor sentiment. This week, RBI will announce its Monetary Policy on 7th June.
Bank Nifty made new record highs of 23469 and closed at 23376.
Smallcap Index this week recovered from lows of 7018 and closed at 7317, after making a high of 7332.
Nifty Future to open gap up by 17 points at 9662 against yesterdays close of 9645 as per SGX Nifty.
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