Nifty Future is opening at 9199 as per SGX Nifty at 8:50 am IST, 245 point above its previous close of 8954, says Dynamic Levels.
Dynamic Levels' Market Outlook:
Euphoric opening in Nifty today on BJP win, stay cautious for fresh buying
Indian Market Outlook: The Nifty index is opening above its all time of 9119 giving a big salute to Narendra Modi led BJP government win in India biggest state UP. The BJP government got 325 seats out of 403 seats. The market is opening with euphoric buying sentiment and fresh buying can be a trap. Thus one should wait before entering in the market. Nifty index on Friday closed at 8934 after making a high of 8975 and the index made a low of 8903.
Bank Nifty closed at 20727 on Friday after making a high of 20877, the index made a low of 20648.
Nifty Future is opening at 9199 as per SGX Nifty at 8:50 am IST, 245 points above its previous close of 8954.
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