According to Maximus Securities, trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 4 points at the opening bell.
Nifty PCR-OI has increased to 1.26 from 1.25. Rise in the ratio may be due to increase in PE of 7950 and decrease in CE of 8100.
PE of 7900 and CE of 8000 are highest number of contracts traded.
Trading of CNX Nifty futures on the Singapore stock exchange indicates that the Nifty could fall 4 points at the opening bell. US stocks gained on Monday with S&P 500 index closing at a record high and moving above 2,000 mark in intraday trade for the first time, buoyed by financials and biotechnology stocks.
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