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Nifty likely to open on positive note, gain 40 points: Maximus Securities

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 40 points at the opening bell, says a report by Maximus Securities.

May 24, 2018 / 09:22 IST
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Maximus Securities

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Nifty PCR-OI has decreased to 0.86 from 0.90. The fall in the ratio may be due to decrease in PE of 10600 and increase in CE of 10500. PE of 10500 and CE of 10600 are the highest number of contracts traded.

Trading of SGX Nifty futures on the Singapore stock exchange indicates that the Nifty could gain 40 points at the opening bell.