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Tuesday, October 10, 2017

Nifty may open lower, shed 5 points at opening: Maximus Securities

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 5.5 points at the opening bell, says Maximus Securities.

F&O Outlook:
Nifty PCR-OI has increased to 1.13 from 1.10. The rise in the ratio may be due to increase in PE of 10000 and decrease in CE of 85000. PE of 10000 and CE of 10000 are the highest number of contracts traded.

Opening for the Day:

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could lose 5.5 points at the opening bell.

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