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The Benchmark Index Nifty was up by 0.40%. The Index opened at 9933 and closed at 9952 after making a high of 9963. The Index is trading in a narrow range of 250 points from 9752 to 9984, either side breakout may decide the direction of the market.
Bank Nifty was up by 0.38%.The Index opened at 24273 and closed at 24328, after making a high of 24388. Bank Nifty is trading in a narrow range of 700 points from 24496 to 23822, either side breakout will decide the direction of the market.
Nifty to open gap down by 43 points at 9928 against yesterday’s close of 9971 as per SGX Nifty, which is currently trading at 9859.
Smallcap Index is hovering near its all time high of 7894 and today the Index has closed at 7874 after making a high of 7486. If the Index gives break out of 7494 we might see big buying coming in cash stocks.
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