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Mar 17, 2017 08:32 AM IST | Source: Moneycontrol.com

Nifty Future to open at 9193, gain of 16 points: Dynamic Levels

Nifty Future is opening at 9193 as per SGX Nifty at 8:00 am IST, 16 points above its previous close of 9177.75, says Dynamic Levels.

Nifty Future to open at 9193, gain of 16 points: Dynamic Levels

Dynamic Levels' Market Outlook:

Market consolidates and is expected to trade in range

Indian Market Outlook: The Indian Benchmark Index Nifty hit a record high of 9158 on Thursday 16th March. Nifty opened at 9130, 45 points high from its previous day’s close of 9085 and closed at 9154. Indian shares rose notably on Thursday after the US Federal Reserve raised its benchmark interest rate as expected, but signaled a more gradual pace of monetary tightening this year.

Bank Nifty made a life time high of 21290 on March 16. Among the banking stocks, Indusind Bank, PNB, Federal Bank and Canara Bank were up by more than 2%. Bank Nifty closed 21250, 92 points high from its previous day’s close of 21158.

Small Cap Index also remained strong on March 16 and made an all time high of 6810. The Index closed at 6801, 74 points high from its previous day’s close of 6727.

Nifty Future is opening at 9193 as per SGX Nifty at 8:00 am IST, 16 points above its previous close of 9177.75.

Disclaimer: The views and investment tips expressed by investment experts on moneycontrol.com are their own, and not that of the website or its management. Moneycontrol.com advises users to check with certified experts before taking any investment decisions.
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