Markets Volatile, Remain Cautious, Will Take Cue From Global Markets
Last week Indian benchmark Index Nifty was down by 2.84%, the Index open at 10604 and closed at 10455 after making low of 10276. The market gave a roller coaster ride experience to traders and investors. Smallcap Index somehow managed to remain in positive territory as Index gain 2.80% last week. On Friday Nifty opened at 10417 and closed at 10455 after making a high of 10480. In Minor Sector Sugar sector remain 2nd top sector after import duty was increased on sugar to 100% from 50%. Airlines sector rose as crude price fell to USD 60 from its high of USD 66.66.
The Cash Market Benchmark Index Small Cap on Friday was up by 0.18%. The Index opened at 8250 and closed at 8482 after making a high of 8509.
Nifty Future is opening Gap Up by 53 points against Friday’s close 10469 as indicated by SGX Nifty which is currently trading at 10522.
Last week sectors performance
FII and DII activity in Cash Segment
In last 10 days FII and Pro in combined have bought stocks in cash segment worth Rs. 361 Crore.
In Current Expiry, FII and PRO in combined have sold 336143 contracts in Index Options .
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2. Past performance is not an indicator of future returns.